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The latest announcement is out from Rakuten Bank, Ltd. ( (JP:5838) ).
Rakuten Bank’s board has approved the issuance of stock acquisition rights as stock options to 316 employees, covering up to 31,900 common shares, as part of a long-term incentive program tied to the bank’s share price. The options, which require no cash payment on grant and are exercisable over a 10-year period starting one year after issuance, will vest gradually until the fourth anniversary, a structure designed both to attract new talent and to retain existing high-performing employees by linking their compensation directly to the bank’s performance and stock price over the long term.
The most recent analyst rating on (JP:5838) stock is a Hold with a Yen6954.00 price target. To see the full list of analyst forecasts on Rakuten Bank, Ltd. stock, see the JP:5838 Stock Forecast page.
More about Rakuten Bank, Ltd.
Rakuten Bank, Ltd. is a Japanese online bank listed on the Tokyo Stock Exchange Prime Market, offering retail and corporate banking services with a focus on leveraging digital platforms and stock-market-based incentives to align employee and shareholder interests.
Average Trading Volume: 1,560,250
Technical Sentiment Signal: Hold
Current Market Cap: Yen1244.7B
Find detailed analytics on 5838 stock on TipRanks’ Stock Analysis page.