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Okasan Securities Announces Treasury Share Disposal for Executive Compensation

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Okasan Securities Announces Treasury Share Disposal for Executive Compensation

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An announcement from Okasan Securities Group Inc. ( (JP:8609) ) is now available.

Okasan Securities Group Inc. has announced the disposal of treasury shares as part of a restricted stock compensation plan aimed at incentivizing its directors and executive officers. This move is intended to align the interests of the company’s leadership with those of its shareholders, promoting sustainable corporate value. The disposal involves 515,400 common shares, valued at 675 yen each, with a total disposal value of 347,895,000 yen. The plan, approved in 2022, includes a restriction on the transfer of shares until the retirement of the recipients, ensuring long-term commitment and alignment with shareholder interests.

More about Okasan Securities Group Inc.

Okasan Securities Group Inc. operates within the financial services industry, primarily focusing on securities brokerage and investment services. The company is listed on the Tokyo Stock Exchange (Prime) and Nagoya Stock Exchange (Premier), and is headquartered in Tokyo, Japan.

Average Trading Volume: 413,072

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen148.1B

See more data about 8609 stock on TipRanks’ Stock Analysis page.

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