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Monex Group Completes Treasury Stock Disposition for Remuneration

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Monex Group Completes Treasury Stock Disposition for Remuneration

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Monex Group ( (JP:8698) ) has issued an announcement.

Monex Group, Inc. has completed the payment procedure for the disposition of its treasury stock as restricted stock remuneration, following a resolution made by its board of directors. This move involves the disposal of 213,000 shares of common stock at JPY 720 per share, totaling JPY 153,360,000, and is aimed at compensating members of the board and executive officers, potentially impacting the company’s financial strategy and stakeholder interests.

The most recent analyst rating on (JP:8698) stock is a Hold with a Yen1380.00 price target. To see the full list of analyst forecasts on Monex Group stock, see the JP:8698 Stock Forecast page.

More about Monex Group

Monex Group, Inc. operates in the financial services industry, focusing on providing online brokerage services and investment solutions. The company is known for its innovative financial products and services, catering to a diverse range of clients in the global market.

Average Trading Volume: 3,098,853

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen196.4B

See more data about 8698 stock on TipRanks’ Stock Analysis page.

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