Tranche Update on The Hyakugo Bank, Ltd.'s Equity Buyback Plan announced on August 27, 2021.
August 29, 2021 at 09:00 pm EDT
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From August 27, 2021 to August 30, 2021, the company has repurchased 500,000 shares, representing 0.2% for ¥160 million. With this, the company has completed the repurchase of 500,000 shares, representing 0.2% for ¥160 million under the buyback announced on August 27, 2021.
The Hyakugo Bank, Ltd. is a Japan-based company mainly provides financial services such as leasing business mainly banking. The Company mainly operates through two business segments. The Banking segment provides deposit services, loan services, domestics exchange services and foreign exchange services. This segment is involved in the investment trust and insurance counter sales, financial product intermediation, merger and acquisition (M&A) and syndicated loans. This segment is also engaged in the examination and adjustment of cash, the storage and management of documents and accounting books, the survey and evaluation of real estate, the placement agency and personnel management business. The Leasing segment is engaged in the leasing business. The Company is also engaged in the trading of financial products, the credit card and credit guarantee business, the provision of regional industry survey- and consulting-related services, as well as the processing of information business.