Mitsubishi Ufj Financial (MUFG) has released an update.
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Mitsubishi UFJ Financial Group, Inc. (MUFG) has announced the continuation and amendment of its performance-based stock compensation plan to further align with its new Medium-term Business Plan, aiming to incentivize management and align their interests with shareholders and sustainability goals. The plan, which was first introduced in 2016 and utilizes a trust structure for compensation, will now extend the trust period and adjust the upper limits of the trust money and shares distributed to eligible directors and executives.
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