Tranche Update on The Akita Bank, Ltd.'s Equity Buyback Plan announced on November 22, 2016.
December 08, 2016
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From November 22, 2016 to December 8, 2016, the company has repurchased 3,000,000 shares, representing 1.64% for ¥1,129.57 million. With this, the company has completed the repurchase of 3,000,000 shares, representing 1.64% for ¥1,129.57 million under the buyback announced on November 22, 2016.
THE AKITA BANK, LTD. is a Japan-based regional bank. The Bank operates in three business segments. The Banking segment provides the deposit, loan, securities trading and investment, domestic and foreign exchange, bond underwriting and registration services, among others. The Leasing segment is engaged in the leasing business. The Others segment is engaged in the regional economy vitalization support business, management consulting service, the personal loan credit guarantee business, the provision of credit services and others.