Rakuten Bank, Ltd. (JP:5838) has released an update.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Rakuten Bank, Ltd. plans to issue stock acquisition rights (SARs) to its employees as stock options, aiming to align their interests with shareholders by sharing the benefits and risks associated with stock price fluctuations. The SARs become exercisable progressively over four years, with full exercisability reached on the fourth anniversary of issuance, to both attract new talent and incentivize long-term performance improvements. No cash payment is required for issuing these rights, and the exercise price is set at one yen per right.
For further insights into JP:5838 stock, check out TipRanks’ Stock Analysis page.