Announcement regarding retirement of treasury shares
November 08, 2021 at 01:38 am EST
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GUNMA BANK NEWS
November 8, 2021
Company Name:
The Gunma Bank, Ltd.
Representative:
Akihiko Fukai, President
Stock Exchange Listing:
Tokyo (code: 8334)
For Inquiry:
Takeo Uchibori, Managing Executive Officer and General Manager,
Corporate Planning Department
Announcement regarding retirement of treasury shares
At the Board of Directors' Meeting held on November 8, 2021,The Gunma Bank, Ltd. resolved to retire its treasury shares under Article 178 of the Corporate Law, as follows.
1.Type of shares to be retired
Common shares
2.Total number of shares to be retired
10,000,000 shares (2.29% of issued shares before the retirement)
3.Date of retirement
January 31, 2022
(Reference)
Total number of issued shares after the retirement: 425,888,177 shares (including treasury shares)
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Gunma Bank Ltd. published this content on 08 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 November 2021 06:37:03 UTC.
Gunma Bank Ltd is a Japan-based regional bank that operates in two business segments. The Banking Business segment is engaged in deposit and lending operations as well as securities investment, domestic and foreign exchange, over-the-counter sales of public bonds, investment trusts, and insurance products, and trust services, to provide financial products and services to local customers. The segment is also engaged in lending and other banking services. The Leasing segment is engaged in the provision of financial services, including leasing services, mainly to customers in the local community. The Company is also engaged in transportation of goods, maintenance of automated teller machines, securities, guarantees, management consulting, and fund formation and management.