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Hirogin Holdings, Inc. ( (JP:7337) ) has shared an update.
Hirogin Holdings has decided to acquire additional shares of its own stock through an existing stock-based compensation trust for directors and executive officers of the holding company and The Hiroshima Bank. The move follows a prior shareholder-approved increase in the three-year stock-based compensation ceiling from 900 million yen to 1.0 billion yen to reinforce the executive structure needed for the group’s new mid-term management plan starting in FY2024. Within this expanded compensation framework, the trust will purchase up to 150 million yen of common shares on the market between January 20 and 23, 2026, using remaining cash in the trust, with the acquired shares intended for delivery to an enlarged pool of eligible executives, thereby further aligning management incentives with the group’s medium- to long-term performance and corporate value.
The most recent analyst rating on (JP:7337) stock is a Hold with a Yen1675.00 price target. To see the full list of analyst forecasts on Hirogin Holdings, Inc. stock, see the JP:7337 Stock Forecast page.
More about Hirogin Holdings, Inc.
Hirogin Holdings, Inc. is a Japanese financial group listed on the Tokyo Stock Exchange Prime Market, centered on The Hiroshima Bank, Ltd. It operates in the banking and financial services industry, providing retail and corporate banking and related services, with a regional focus around Hiroshima while pursuing medium- to long-term growth in group corporate value.
Average Trading Volume: 798,293
Technical Sentiment Signal: Buy
Current Market Cap: Yen520.2B
See more insights into 7337 stock on TipRanks’ Stock Analysis page.