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Bank of Iwate Ltd (8345.T)

8345.T on Tokyo Stock Exchange

4,760JPY
30 Mar 2017
Change (% chg)

¥-25 (-0.52%)
Prev Close
¥4,785
Open
¥4,760
Day's High
¥4,795
Day's Low
¥4,720
Volume
21,700
Avg. Vol
17,460
52-wk High
¥4,940
52-wk Low
¥3,655

Latest Key Developments (Source: Significant Developments)

Bank of Iwate adjusts conversion price for 2018 due euro-dollar denominated convertible bonds with warrants
Thursday, 23 Jun 2016 02:11am EDT 

Bank of Iwate Ltd <8345.T> :Says it adjusted the conversion price for 2018 due euro-dollar denominated convertible bonds to $49.85 per share, from $49.98 per share, effective from April 1.  Full Article

Bank of Iwate to fully acquire two units via stock swap
Wednesday, 18 May 2016 03:43am EDT 

Bank of Iwate Ltd <8345.T> : Says it plans to fully acquire DC card unit and credit service unit via stock swap respectively, on June 30 . Says one share of DC card unit's stock will be exchanged with 730 shares of the company's stock . Says one share of credit service unit's stock will be exchanged with 689 shares of the company's stock . Says 141,900 of the company's shares will be exchanged .Says the two units will be the wholly owned subsidiaries of the company after the transaction.  Full Article

Bank Of Iwate to acquire Iwagin Lease & Data Corp, WAGIN DC CARD CO.,LTD and another associated company
Thursday, 10 Mar 2016 01:00am EST 

Bank Of Iwate Ltd:To purchase 54,800 shares of Iwagin Lease & Data Corp, at the price of 1,808 million yen in all.Bank Of Iwate to hold 96.3 pct stakes (57,800 voting rights) in Iwagin Lease & Data, up from 5 pct (3,000 voting rights).To purchase 280 shares of WAGIN DC CARD CO.,LTD, at the price of 827 million yen in all.Bank Of Iwate to hold 75 pct stakes (300 voting rights) in WAGIN DC CARD, up from 5 pct (20 voting rights).To purchase 280 shares of another associated company, which is engaged in the credit card business in Iwate prefecture, Japan, at the price of 638 million yen in all.Bank Of Iwate to hold 75 pct stakes (300 voting rights) in the associated company, up from 5 pct (20 voting rights).Share purchase effective May 17.After that, Bank Of Iwate to fully acquire WAGIN DC CARD and the other credit card business company, through stock swap.Stock swap effective June 30.  Full Article

R&I affirms Bank Of Iwate's rating at "A" and announces stable outlook
Monday, 1 Feb 2016 12:00am EST 

Bank Of Iwate Ltd:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A".Rating outlook stable.  Full Article

Bank Of Iwate raises mid-year and full-year ordinary profit outlook for FY 2016
Friday, 31 Jul 2015 01:00am EDT 

Bank Of Iwate Ltd:Says the company increased the consolidated mid-year outlook for ordinary profit outlook to 6,000 million yen from 4,300 million yen for FY ending March 2016.Net profit attributable to parent company's shareholders forecast increased to 4,000 million yen from 3,000 million yen.Earnings per share increased to 225.26 yen from 168.94 yen.Says the company increased the consolidated full-year outlook for ordinary profit outlook to 10,700 million yen from 9,000 million yen for FY ending March 2016.Net profit attributable to parent company's shareholders forecast increased to 7,000 million yen from 6,000 million yen.Earnings per share increased to 394.22 yen from 337.89 yen.Comments the increased securities selling profit is the main reason for the forecast.  Full Article

Bank Of Iwate adjusts conversion price for 2018 due euro-dollar denominated convertible bonds with warrants
Tuesday, 23 Jun 2015 01:00am EDT 

Bank Of Iwate Ltd:Adjusted the conversion price for 2018 due euro-dollar denominated convertible bonds to $49.98 per share, from $50.03 per share, effective April 1.  Full Article

Bank Of Iwate to pay year-end dividend for FY 2015
Friday, 15 May 2015 01:00am EDT 

Bank Of Iwate Ltd:To pay year-end dividend of 35 yen per share, above latest dividend forecast of 30 yen per share, for fiscal year ended March 2015.Record date March 31 and effective date June 24.  Full Article

More From Around the Web

BRIEF-R&I affirms Bank of Iwate's rating at "A" and announces negative outlook - R&I

* Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A" - R&I