Announcement regarding market purchase of own shares and completion of acquisition [PDF:23KB]
March 06, 2019 at 10:02 pm EST
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CHIBA BANK NEWS
March 7, 2019
Company Name: Representative:
Stock Exchange Listing:The Chiba Bank, Ltd. Hidetoshi Sakuma, President Tokyo (code: 8331)
For Inquiries: Takashi Makinose,
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 Companies Act 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 Companies Act, and it has completed the acquisition resolved at its Board of Directors' Meeting held on February 6, 2019.
Details of acquisition
(1) Type of acquired shares
Common stock
(2) Period of acquisition
From March 1, 2019 to March 6, 2019
(3) Total number of acquired shares
1,473,700 shares
(4) Total cost of acquisition
999,947,500 yen
(5) Method of acquisition
Purchased on the Tokyo Stock Exchange (Trust method)
(Reference)
1. Resolution of the Board of Directors' Meeting held on February 6, 2019
(1) Type of shares to be acquired
Common stock
(2) Total number of shares to be acquired
Up to 10 million shares
(3) Total cost of acquisition
Up to 5.0 billion yen
(4) Period of acquisition
From February 7, 2019 to March 11, 2019
2. Total number of acquired own shares based on the resolution of Board of Directors' Meeting held on
February 6, 2019
(1) Total number of acquired shares
7,401,800 shares
(2) Total cost of acquisition
4,999,940,900 yen
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Disclaimer
Chiba Bank Ltd. published this content on 07 March 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 07 March 2019 03:01:10 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).