TSE:5831Banks
Shizuoka Financial Group (TSE:5831): Assessing Valuation After New Share Buyback Activity
Shizuoka Financial GroupInc (TSE:5831) just confirmed it bought 2.4 million of its own shares on the Tokyo Stock Exchange, the latest step in a larger 10 million share buyback program aimed at tightening its capital base.
See our latest analysis for Shizuoka Financial GroupInc.
The buyback comes after a strong run, with the share price returning 76 percent year to date and a 1 year total shareholder return of roughly 79 percent, suggesting momentum is still firmly on the upside.
If this...