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77 Bank to transfer units' shares to itself


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77 Bank to transfer units' shares to itself

77 Bank Ltd. will shift ownership of 1.83 million of its own shares to itself from three units.

As a result of the move, effective Dec. 15, the number of treasury shares the bank holds would rise to 10.58 million from 8.76 million.

As of Dec. 8, US$1 was equivalent to ¥113.95.