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First Bank of Toyama to Dispose Treasury Shares for Executive Compensation

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First Bank of Toyama to Dispose Treasury Shares for Executive Compensation

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First Bank of Toyama Ltd. ( (JP:7184) ) just unveiled an announcement.

The First Bank of Toyama, Ltd. announced its decision to dispose of 22,572 treasury shares as part of a restricted stock compensation plan aimed at incentivizing its Directors and Executive Officers. This move, approved by the Board of Directors, is designed to align the interests of the bank’s leadership with shareholders and promote sustainable corporate value growth. The plan includes transfer restrictions on the shares until the officers’ retirement, ensuring long-term commitment to the bank’s objectives.

More about First Bank of Toyama Ltd.

The First Bank of Toyama, Ltd. operates in the financial services industry, primarily focusing on banking services. It is listed on the Prime Market of the Tokyo Stock Exchange under the securities code 7184.

Average Trading Volume: 220,701

Technical Sentiment Signal: Hold

Current Market Cap: Yen62.42B

Learn more about 7184 stock on TipRanks’ Stock Analysis page.

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