rakuten bank ltd said wednesday that its stock is expected to be listed on the tokyo stock exchange on april 21 the banking unit of rakuten group inc said it plans to sell 56 million new shares in japan and that the parent would offer 540 million outstanding shares in the domestic and overseas markets the bank may sell an additional 45 million shares depending on demand it said rakuten bank said it hoped to expand its loan businesses and its products portfolio by bolstering the capital base the bank said it expects the offering price to be somewhere between 1630 yen and y1960 per share and that the price would be determined on april 13 the total value of shares to be offered would be as much as y11483 billion 8667 million based on the midpoint of the companys offering price projection