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Chiba Bank to repurchase up to ¥7B of shares

Chiba Bank Ltd. plans to repurchase up to 10 million of its own shares for up to ¥7 billion.

The bank said Aug. 3 that the shares represent 1.25% of its issued shares.

The lender will buy back the shares between Aug. 4 and Aug. 31.

As of Aug. 3, US$1 was equivalent to ¥110.06.