THE FIRST BANK OF TOYAMA,LTD. [7184.T]
TOKYO, May 12 (Pulse News Wire) – THE First Bank OF Toyama,ltd. (7184.T) resolved during its board meeting held , to repurchase shares based on Article 156 of the Companies Act, as amended by Article 165(3).
Additionally, the bank plans to cancel shares according to Article 178 of the Companies Act. The decision was made to implement flexible capital policies in response to changing business environments. Under this plan, the bank intends to repurchase up to 2,000,000 ordinary shares, representing 3.18% of the outstanding shares excluding treasury stock.
The total amount allocated for the repurchase is capped at ¥5.500 billion. Repurchases will take place through market purchases, including ToSTNeT-3 transactions, from May 13, 2026, to May 29, 2026. Furthermore, the bank will cancel 1,309,700 ordinary shares, which constitute 2.03% of the pre-cancellation total outstanding shares, scheduled for cancellation on May 29, 2026.
As of March 31, 2026, the bank held 1,459,005 treasury shares out of a total of 62,850,695 outstanding shares excluding treasury stock.
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