Resona says to buy back $1 bln worth own shares

September 8th, 2008 | by admin |

TOKYO, Sept 8 (Reuters) - Japanese bank Resona Holdings(8308.T: Quote, Profile, Research, Stock Buzz) said on Monday it would buy back up to 110 billion yen($1 billion) worth of its own shares between Sept. 9 and March31 next year.

Resona said in a statement the 660,000 shares wereequivalent to 5.79 percent of those outstanding. ($1=109.01 Yen) (Reporting by Sachi Izumi)

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