Announcement regarding of Result of Shares Acquisition Through ToSTNeT-3 (off-auction own share repurchase trading)
November 10, 2021 at 06:55 am IST
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GUNMA BANK NEWS
November 10, 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 of Result of Shares Acquisition Through ToSTNeT-3
(off-auction own share repurchase trading)
The Gunma Bank, Ltd. ("the Bank") has acquired its own shares which was announced yesterday,
November 9, 2021 as follows.
Reason for acquisition of own shares
To enhance shareholder's return by shareholder return policy.
Details of acquisition
Type of shares to be acquired
Common shares
Total number of shares to be acquired
3,500,000 shares
Acquisition cost
350 yen per share
Total cost of acquisition
1,225,000,000 yen
Date of acquisition
November 10, 2021
Method of acquisition of shares
Purchase through off-auction own share repurchase trading
(ToSTNeT-3)
Other
The Bank shall acquire treasury shares during the
acquisition period until it reaches the total number of shares
or the total acquisition price of shares as per the following
resolution of the Board of Directors.
(Reference)
Resolution of the Board of Directors' Meeting held on November 8, 2021
Type of shares to be acquired
Common shares
Total number of shares to be acquired
Up to 10 million shares
(Equivalent to 2.37% of issued shares
(excluding treasury shares))
Total cost of acquisition
Up to 3.5 billion yen
Period of acquisition
From November 9, 2021 to January 28, 2022
Method of acquisition of shares
Market purchase at the Tokyo Stock Exchange
(purchase through off-auction own share repurchase trading
(ToSTNeT-3) and purchase at the market based on a
discretionary account trading contract for the acquisition of
treasury shares)
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Disclaimer
Gunma Bank Ltd. published this content on 10 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 November 2021 01:24:09 UTC.
The Gunma Bank, Ltd. is a regional bank that operates in two business segments. The Banking segment is engaged in the deposit, loan, marketable securities and investments, as well as domestic and foreign exchange businesses; the sale of public bonds, investment trust and insurance products, as well as the trust business. The Leasing segment provides financial services, such as leasing services and others, to regional clients. The Company is also engaged in the delivery of goods, the maintenance of cash automated equipment, the guarantee business, the credit business, as well as the development and sale of systems.
THE GUNMA BANK, LTD. 
