Seven Bank completes treasury stock disposal to ITOCHU, strengthening alliance
Seven Bank, Ltd. announced on October 14, 2025, the completion of payment for the disposal of treasury stock through a third-party allotment to ITOCHU Corporation. This transaction, part of a capital and business alliance, involved the sale of 191,700,000 common shares.
The disposal price was 268 yen per share, for a total disposal price of 51,375,600,000 yen. Following this transaction, Seven Bank's treasury stock decreased to 6,122,711 shares. This figure was calculated by deducting the disposed shares from the 197,822,711 shares held as of September 30, 2025.
This strategic disposal strengthens the alliance between Seven Bank and ITOCHU Corporation.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
News Alerts
Get instant email alerts when Seven Bank publishes news
Free account required • Unsubscribe anytime