The Ogaki Kyoritsu Bank, Ltd. announces an Equity Buyback for 200,000 shares, representing 0.48% for ?450 million.
November 10, 2021 at 02:00 am EST
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The Ogaki Kyoritsu Bank, Ltd. (TSE:8361) announces a share repurchase program. Under the program, the company will repurchase up to 200,000 shares, representing 0.48% of its issued share capital (excluding treasury stock), for a total purchase price of ?450 million. The purpose of the program is to prepare for the exercise of stock options. The program will continue through December 30, 2021. As of October 31, 2021, the company had 41,825,874 issued shares (excluding treasury stock) and 6,023 treasury shares.
The Ogaki Kyoritsu Bank, Ltd. is a Japan-based bank centered on banking business and engaged in financial services including leasing and credit card business. The Bank operates in two segments. The Banking segment is engaged in banking business like deposit, loan, domestic and international currency exchange, government bonds, investment trust, insurance sales and stock investment business. The Leasing segment is engaged in leasing and installment loan business. Other businesses include computer-related, think tanks, credit guarantee, credit cards and venture capital businesses, as well as the integrated processing of banking business, scrutiny and organize business of cash, document creation and storage business, and Real Estate collateral research and evaluation work.
THE OGAKI KYORITSU BANK, LTD. 
