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Yamanashi Chuo Bank announces ¥1.13B share buyback

Yamanashi Chuo Bank Ltd. had bought back 1.2 million shares for ¥1.13 billion.

The regional bank said in an Aug. 28 press release that the move aims to improve profit for shareholders.

The shares, representing 3.63% of outstanding shares, will be retired on Sept. 13.

As of Aug. 28, US$1 was equivalent to ¥105.86.