The Hyakugo Bank, Ltd. [8368.T]
TOKYO, May 12 (Pulse News Wire) – The Hyakugo Bank,ltd. (8368.T) announced today that its board of directors has approved a share repurchase program based on Article 165(2) of the Companies Act.
The bank plans to repurchase up to 1,489,000 ordinary shares, representing approximately 1.48% of outstanding shares excluding treasury stock. The total amount allocated for the repurchase is capped at ¥148.90 billion.
The repurchase will take place through open-market purchases on the Tokyo Stock Exchange from May 13, 2026, to September 30, 2026. This initiative aims to implement a more flexible capital policy in response to changing business environments.
As of March 31, 2026, the bank held 1,489,000 treasury shares out of a total of 100,148,900 outstanding shares.
🟢 Confidence: High AI-translated content.