Tranche Update on The Kita-Nippon Bank, Ltd.'s Equity Buyback Plan announced on June 25, 2019.
September 04, 2019 at 02:00 am EDT
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From July 1, 2019 to September 2, 2019, the company has repurchased 76,000 shares, representing 0.9% for ¥132.22 million. With this, the company has completed the repurchase of 176,000 shares, representing 2.07% for ¥299.92 million under the buyback announced on June 25, 2019.
The Kita-Nippon Bank, Ltd. is a Japan-based bank mainly engaged in banking business, as well as credit card business, leasing business and other financial services. The Bank operates in two business segments. The Banking segment offers deposit business, loan business, securities investment business, domestic and foreign exchange transaction business, and other financial services. The leasing segment engages in leasing business, Computation consignment service, as well as development and sale of computer software. The others business engages in credit card business and credit guarantee business.