TOKYO, Mar 25 (Pulse News Wire) – The Ogaki Kyoritsu Bank,ltd. (8361.T) announced today that its board of directors meeting held, resolved to cancel treasury shares based on Article 178 of the Companies Act.
According to the resolution, the bank plans to cancel ordinary shares amounting to 550,000. This represents 1.31% of the outstanding shares prior to cancellation.
The cancellation is scheduled to take place on March 31, 2026. Following the cancellation, the total number of outstanding shares, including treasury shares, will be 41,281,897.
This decision reflects the bank's ongoing efforts to manage its capital structure efficiently.
🟢 Confidence: High AI-translated content.