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Oita Bank ( (JP:8392) ) just unveiled an update.
The Oita Bank, Ltd. has announced its plan to repurchase up to 200,000 shares of its common stock through the Tokyo Stock Exchange’s Off-Auction Own Share Repurchase Trading System (ToSTNeT-3) at a closing price of 4,670 yen. This strategic move, approved by the Board of Directors, aims to enhance shareholder value and optimize the bank’s capital structure, with the transaction scheduled for August 12, 2025.
More about Oita Bank
The Oita Bank, Ltd. operates in the financial services industry, primarily offering banking services. It is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, indicating a focus on regional and national markets in Japan.
Average Trading Volume: 46,160
Technical Sentiment Signal: Buy
Current Market Cap: Yen71.02B
For an in-depth examination of 8392 stock, go to TipRanks’ Overview page.