Gunma Bank : Announcement regarding situation for acquisition of own shares
December 01, 2021 at 06:21 am
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GUNMA BANK NEWS
December 1, 2021
Company Name:
The Gunma Bank, Ltd.
Representative:
Akihiko Fukai, President
Stock Exchange Listing:
Tokyo (code: 8334)
For Inquiry:
Takeo Uchibori, Managing Executive Officer and General Manager,
Corporate Planning Department
Announcement regarding situation for acquisition of own shares
(Under the provisions of its Articles of Incorporation pursuant to Paragraph 2, Article 165 of the Corporate Law of Japan)
The Gunma Bank, Ltd. has acquired its own shares under Article 156, as applied pursuant to Paragraph 3, Article 165, of the Corporate Law, as follows.
Type of acquired shares
Common shares
Period of acquisition
From November 9, 2021 to November 30, 2021
Total number of shares acquired
5,259,000 shares
Total cost of acquisition
1,829,104,700 yen
Method of acquisition of shares
Market purchase at the Tokyo Stock Exchange
(purchase through off-auction own share repurchase trading
(ToSTNeT-3) and purchase at the market based on a
discretionary account trading contract for the acquisition of
treasury shares)
（Reference）
1. Resolution of the Board of Directors' Meeting held on November 8, 2021
(1)
Type of shares to be acquired
Common shares
(2)
Total number of shares to be acquired
Up to 10.0 million shares
(Equivalent to 2.37% of issued shares
(excluding treasury shares))
(3)
Total cost of acquisition
Up to 3.5 billion yen
(4)
Period of acquisition
From November 9, 2021 to January 28, 2022
2. Total number of acquired own shares based on the resolution of the Board of Directors'
Meeting held on November 8, 2021 (as of November 30,2021)
(1)
Total number of shares acquired
5,259,000 shares
(2)
Total cost of acquisition
1,829,104,700 yen
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Gunma Bank Ltd. published this content on 01 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 December 2021 06:20:06 UTC.
The Gunma Bank, Ltd. is a regional bank that operates in two business segments. The Banking segment is engaged in the deposit, loan, marketable securities and investments, as well as domestic and foreign exchange businesses; the sale of public bonds, investment trust and insurance products, as well as the trust business. The Leasing segment provides financial services, such as leasing services and others, to regional clients. The Company is also engaged in the delivery of goods, the maintenance of cash automated equipment, the guarantee business, the credit business, as well as the development and sale of systems.
THE GUNMA BANK, LTD. 
