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Seven Bank Completes Treasury Stock Disposal to ITOCHU

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Seven Bank Completes Treasury Stock Disposal to ITOCHU

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Seven Bank, Ltd. ( (JP:8410) ) just unveiled an announcement.

Seven Bank, Ltd. has completed the disposal of 191,700,000 shares of its treasury stock to ITOCHU Corporation as part of a capital and business alliance. This transaction, valued at ¥51,375,600,000, is expected to strengthen the company’s financial position and enhance its strategic partnership with ITOCHU Corporation.

The most recent analyst rating on (JP:8410) stock is a Hold with a Yen298.00 price target. To see the full list of analyst forecasts on Seven Bank, Ltd. stock, see the JP:8410 Stock Forecast page.

More about Seven Bank, Ltd.

Seven Bank, Ltd. operates in the financial services industry, primarily providing banking services. It is listed on the Prime Market of the Tokyo Stock Exchange and focuses on offering innovative financial solutions.

Average Trading Volume: 6,918,243

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen276B

Learn more about 8410 stock on TipRanks’ Stock Analysis page.

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