Chiba Kogyo Bank completes preferred share buyback and cancellation

The Chiba Kogyo Bank, Ltd. announced today the completion of the repurchase and cancellation of Class II Preferred Shares, as initially disclosed on September 29, 2025. The bank repurchased and cancelled 500,000 Class II Preferred Shares, representing 25% of the total issued shares.

The total consideration for the acquisition was JPY 2,000,000,000, with a repurchase price of JPY 4,000 per share. The repurchase method involved a stock repurchase by agreement with Class II preferred shareholders, communicated via notice or public announcement to all eligible shareholders. The procedures for both the repurchase and cancellation were completed on October 20, 2025.