TOKYO, Mar 16 (Pulse News Wire) – The Musashino Bank,ltd. (8336.T) announced today that its board of directors has resolved to repurchase shares based on provisions outlined in Article 165, Paragraph 2 of the Companies Act.
The decision was made to enhance capital efficiency through flexible capital policy execution and return benefits to shareholders. Under the resolution, the bank plans to repurchase up to 2 million shares ordinary shares, representing 6.03% of outstanding shares excluding treasury stock. The total value of the repurchase will not exceed ¥10.00 billion. The share buyback program will run from March 17, 2026, until December 30, 2026.
Additionally, the bank intends to cancel the acquired shares by the end of March 2027. It should be noted that the number of shares to be repurchased post-April 1, 2026, will be adjusted according to the share split ratio of 1-to-3 effective from that date. As of February 28, 2026, the bank held 265,441 treasury shares out of a total of 33,140,015 outstanding shares excluding treasury stock. Excluded from this count are the shares held by the executive compensation trust fund (BIP Trust), which amount to 92,248.
🟢 Confidence: High AI-translated content.