TOKYO, Jun 19 (Pulse News Wire) – THE Tohoku Bank,ltd. (8349.T) adjusted the acquisition value of its First Preferred Shares issued through a private placement on September 28, 2012.
The revised acquisition value stands at ¥1,396. Previously, the acquisition value was set at ¥1,436.
The adjustment took effect on June 20, 2026. This revision is based on the provisions outlined in the issuance conditions of the preferred shares, which allow for adjustments to the acquisition value.
The bank made this announcement today to inform stakeholders of the changes.
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