The Bank of Saga Ltd.

8395.T
Banks - Regional
2026/03/03 Updated
Market Cap: $529.4M (¥83.2B)
Stock Price: $31.32 (¥4,925)
Exchange Rate: 1 USD = ¥157.23

Notice Regarding Results of Tender Offer Application and Recognition of Stock Sale Gains

The bank plans to sell all 2,356,000 shares of Hisamitsu Pharmaceutical Company, Inc. it holds at 6,082 yen per share, recording sale gains of 12,048 million yen. The settlement date is February 27, 2026.

Importance:
Page Updated: February 20, 2026
IR Disclosure Date: February 20, 2026

Key Figures

  • Number of Shares Held Before Application: 2,356,000 shares
  • Sale Price (Per Share): 6,082 yen
  • Sale Gains: 12,048 million yen

AI要約

Result of Tender Offer Application

Saga Bank, Ltd. applied to sell all 2,356,000 shares of ordinary stock of Hisamitsu Pharmaceutical Company, Inc. it holds in the tender offer conducted by Taiyo Kosan Co., Ltd., and all shares were purchased. The sale price was 6,082 yen per share, with a total sale amount of 14,329 million yen, and the gain on sale is expected to be 12,048 million yen. The settlement date is February 27, 2026.

Outlook

Following the completion of this tender offer, the gains on sale of stocks will be recorded in the consolidated financial results for the full fiscal year ending March 2026. The consolidated earnings forecast for the fiscal year ending March 2026 is still under review, including other factors, and will be promptly announced as necessary.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.