trending Market Intelligence /marketintelligence/en/news-insights/trending/ro2kyov__kf6exmbzno1wa2 content esgSubNav
In This List

Daiwa Securities to repurchase up to 55 million shares

Blog

Banking Essentials Newsletter: 7th February Edition

Case Study

A Bank Outsources Data Gathering to Meet Basel III Regulations

Podcast

Private Markets 360° | Episode 8: Powering the Global Private Markets (with Adam Kansler of S&P Global Market Intelligence)

Blog

Banks’ Response to Rising Rates & Liquidity Concerns


Daiwa Securities to repurchase up to 55 million shares

Daiwa Securities Group Inc. plans to repurchase up to 55 million own shares for up to ¥40 billion.

The company said the share buyback program is aimed at improving its capital efficiency. The buyback period runs from Aug. 22 to March 22, 2019.

The shares to be repurchased represent 3.40% of the company's total shares outstanding, excluding treasury stock.

As of July 27, US$1 was equivalent to ¥111.02.