TSE:8331Banks
Chiba Bank (TSE:8331) Valuation Check After New Buyback Plan And Holding Company Proposal
What the new buyback and holding company plan mean for Chiba Bank (TSE:8331) investors
Chiba Bank (TSE:8331) has drawn fresh attention after its board approved a new share repurchase program alongside plans to form Chiba Financial Group, Inc. as a holding company, subject to regulatory and shareholder approvals.
The bank intends to buy back up to 10,000,000 shares, or 1.43% of its issued share capital, for up to ¥15,000 million by June 30, 2026, with the stated aim of improving capital...