Sanwa Holdings Finalizes Director Stock Compensation

Sanwa Holdings (JP:5929) has released an update.

Sanwa Holdings Corporation has completed the payment for the disposal of treasury stock, used as restricted stock compensation for its directors and executive officers. A total of 16,417 shares of common stock were disposed of at ¥2,923.5 per share, amounting to ¥47,995,099.5. The shares were allocated to three directors and two executive officers, excluding part-time, outside, and those serving as Audit and Supervisory Committee Members.

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