Tsukuba Bank, Ltd. announces an Equity Buyback for 90,000 shares, representing 0.11% for ¥15 million.
June 24, 2021 at 11:30 am IST
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Tsukuba Bank, Ltd. (TSE:8338) announces a share repurchase program. Under the program, the company will repurchase up to 90,000 shares, representing 0.11% for ¥15 million. The purpose of the program is to allocate to the shares to be delivered in connection with the transfer-restricted stock-based compensation. The program will expire on July 20, 2021. As of May 31, 2021, the company had 82,529,845 shares in issue and 23,876 shares in treasury.
Tsukuba Bank, Ltd. is a Japan-based regional bank, principally engaged in the provision of financial services, with a focus on banking services. The Bank operates in three business segments. The Banking segment provides banking services, including deposit business, loan business, domestic exchange business and foreign exchange business. The Credit Guarantee and Credit Contract segment involves the assurance of personal loans, research and evaluation of real estate collaterals. The Others segment is engaged in the cash arrangement and system contract business, as well as consulting business.
TSUKUBA BANK, LTD. 
