Announcement regarding market purchase of own shares and completion of acquisition [PDF:23KB]
June 08, 2018 at 03:48 am EDT
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CHIBA BANK NEWS
June 8, 2018
Company Name: Representative:
Stock Exchange Listing: For Inquiries:
The Chiba Bank, Ltd. Hidetoshi Sakuma, President Tokyo (code: 8331) Tadayoshi Shinozaki,
Executive Officer and General Manager, Corporate Planning Division
Announcement regarding market purchase of own shares and completion of acquisition
(Under the provisions of its Articles of Incorporation pursuant to paragraph 2, Article 165 of the Corporate Law of Japan)
The Chiba Bank, Ltd. has acquired its own shares as follows, under Article 156, as applied pursuant to paragraph 3, Article 165, of the Corporate Law, and it has completed the acquisition resolved at its Board of Directors' Meeting held on May 9, 2018.
Details of acquisition
(1) Type of acquired shares
Common stock
(2) Period of acquisition
From June 1, 2018 to June 8, 2018
(3) Total number of acquired shares
1,337,700 shares
(4) Total cost of acquisition
1,160,602,300 yen
(5) Method of acquisition
Purchased on the Tokyo Stock Exchange (Trust method)
(Reference)
1. Resolution of the Board of Directors' Meeting held on May 9, 2018
(1) Type of shares to be acquired
Common stock
(2) Total number of shares to be acquired
Up to 7 million shares
(3) Total cost of acquisition
Up to 5.0 billion yen
(4) Period of acquisition
From May 10, 2018 to June 11, 2018
2. Total number of acquired own shares based on the resolution of Board of Directors' Meeting held on
May 9, 2018
(1) Total number of acquired shares
5,803,000 shares
(2) Total cost of acquisition
4,999,972,000 yen
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Disclaimer
Chiba Bank Ltd. published this content on 08 June 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 June 2018 07:47:02 UTC
The Chiba Bank, Ltd. is a banking group organized around 3 areas of activity:
- banking;
- leasing;
- other.
At the end of March 2021, the group had JPY 14,087.8 billion in current deposits and JPY 11,166.2 billion in current loans.
Products and services are marketed through a network of 186 branches mainly located in Japan (183).