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Miyazaki Bank to repurchase shares via ToSTNeT-3

August 28, 2025 at 12:02 PM UTCBy FilingReader AI

The Miyazaki Bank, Ltd. announced a specific method for repurchasing its own shares via the Tokyo Stock Exchange's off-auction own share repurchase trading system (ToSTNeT-3). The bank will place a consigned purchase order for 120,000 common shares, representing 0.70% of total issued shares (excluding treasury shares), at the closing price of 4,440 yen from August 28, 2025. This transaction, totaling up to 532,800,000 yen, is scheduled for 8:45 a.m. on August 29, 2025, with results announced after completion.

This repurchase aligns with a resolution passed at a board of directors meeting on May 9, 2025. The earlier resolution approved the acquisition of up to 350,000 common shares, representing 2.06% of total issued shares, with a maximum total cost of 1.0 billion yen. The overall acquisition period for the larger resolution spans from May 12, 2025, to September 30, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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