TOKYO, Apr 01 (Pulse News Wire) – The Keiyo Bank,ltd. (8544.T) announced today that it has suspended its share repurchase program.
According to the company's latest disclosure, no shares were acquired during the period from March 01, 2026, to March 31, 2026. The bank had previously set a cap of 148,900 ordinary shares for repurchase, representing up to 0.0288% of outstanding shares excluding treasury stock. The total value of the repurchase was capped at ¥1.489 billion.
However, based on the resolution made at the board meeting held on February 09, 2026, no shares were actually purchased within the designated timeframe. As of March 31, 2026, the cumulative number of shares repurchased remains at zero, with a total acquisition cost of ¥0. The decision to halt the share repurchase aligns with the provisions outlined in Article 165, Paragraph 2 of the Companies Act, which allows for such actions based on the company’s charter.
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