The Shiga Bank, Ltd. announces an Equity Buyback for 700,000 shares, representing 1.47% for ¥2,000 million.
January 26, 2024 at 06:00 am
Share
The Shiga Bank, Ltd. (TSE:8366) announces a share repurchase program. Under the program, the company will repurchase up to 700,000 shares, representing 1.47% of its issued share capital, for ¥2,000 million. The purpose of the program is to increase shareholder value by returning profits to our shareholders.
The program will run until March 22, 2024. As of December 31, 2023, the company had 47,483,404 shares in issue (excluding treasury stock) and 5,606,677 shares in treasury.
THE SHIGA BANK, LTD. is a Japan-based company mainly engaged in the provision of financial services centered on the banking business. The Bank is engaged in the provision of deposits, loans, domestic exchange, foreign exchange and securities investment services. The Bank is also involved in the finance leasing business, installment sales business, venture capital investment business, credit card business, cashing business, the operation of automated teller facilities outside its offices, as well as the provision of document storage and management services, real estate assessment services, data processing services, mortgage guarantee services and business operation-related consulting services.
THE SHIGA BANK, LTD. 
