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Seibu Holdings Boosts Board Compensation with Share Buyback

Seibu Holdings Boosts Board Compensation with Share Buyback

Seibu Holdings, Inc. (JP:9024) has released an update.

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Seibu Holdings Inc. has decided to make additional cash contributions to its Board Benefit Trust to acquire shares necessary for future stock-based compensation. The company plans to acquire up to 536,100 common shares through a securities exchange market from December 26 to December 30, 2024. This move aligns with Seibu Holdings’ strategy to continue incentivizing its board with share-based rewards.

For further insights into JP:9024 stock, check out TipRanks’ Stock Analysis page.

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