The San-in Godo Bank, Ltd. announces an Equity Buyback for 1,600,000 shares, representing 1.03% for ¥1,000 million.
May 12, 2023 at 12:00 am EDT
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The San-in Godo Bank, Ltd. (TSE:8381) announces a share repurchase program. Under the program, the company will repurchase 1,600,000 shares, representing 1.03% of the outstanding shares for ¥1,000 million. The purpose of the program is to further improve the corporate value of the Bank by enhancing the return of profits to shareholders and improving the flexibility of capital policies.
The program will run until August 31, 2023. As of March 31, 2023, the company had 155,494,017 shares outstanding and 1,483,455 shares in treasury.
The San-in Godo Bank, Ltd. operates business related to financial services such as leasing, securities, and credit guarantee, with a focus on banking. The Bank operates in two business segments. The Banking segment is engaged in the deposit, loan, securities brokerage, securities investment, domestic exchange, foreign exchange, bond and bond registration businesses, among others. The Leasing segment is involved in the leasing business. The others business is engaged in the banking, leasing, securities and credit guarantee business.
THE SAN-IN GODO BANK,LTD. 
