The Bank of Saga (TYO:8395) launched a buyback program to repurchase 1,000 common shares, representing 0.006% of its total number of issued shares, for a consideration of up to 6 million yen, according to a Tokyo Stock Exchange filing on Tuesday.
The bank said that the buyback will run between June 17 and June 30 through market purchase on the Tokyo Stock Exchange.
The acquired shares will be used for delivery upon the exercise of stock options.
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