Japan's Aozora Bank Extends Gain on Plans to Resume Dividend [Yahoo! Finance]
AOZORA BANK LTD UNSP/ADR (AOZOY)
NASDAQ:AMEX Investor Relations:
aozorabank.co.jp/english/ir
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Source: Yahoo! Finance
(Bloomberg) -- Aozora Bank Ltd. shares extended gains as the Japanese lender said it aims to resume dividend payments, and as investor concerns dissipated over losses on US commercial real estate. Most Read from Bloomberg Your 401(k) Will Be Gone Within a Decade Largest Covid Vaccine Study Yet Finds Links to Health Conditions Capital One to Buy Discover for $35 Billion in Year's Biggest Deal Stocks Fall Before Nvidia's Must-Watch Earnings: Markets Wrap US Tells Allies Russia May Launch Anti-Satellite Nuclear Weapon Into Space This Year The stock surged as much as 9.6%, the most since March 2020, taking its gains to about 18% so far this week. The Tokyo-based bank held a web meeting on Friday with analysts to provide an update of its business situation, a spokesperson said on Wednesday. There are no additional losses tied to US non-recourse office loans as Aozora Bank is appropriately managing its portfolio, the lender said in presentation material. It aims to increase
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News
- Activist Fund Targets Aozora, the Nikkei's Most-Shorted Stock [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Aozora Bank Jumps Most Since 2020 as Activist Builds Stake [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Aozora Bank Shares Jump After Activist Investor's Stake Buy [MarketWatch]MarketWatch
- Aozora Bank Jumps Most Since 2012 After Activist Reports Stake [Yahoo! Finance]Yahoo! Finance
- Aozora Bank Jumps Most Since 2012 After Activist Reports Stake [BNN Bloomberg (Canada)]BNN Bloomberg