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Shimizu Bank Announces Treasury Share Disposal for Director Compensation

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Shimizu Bank Announces Treasury Share Disposal for Director Compensation

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Shimizu Bank, Ltd. ( (JP:8364) ) just unveiled an announcement.

Shimizu Bank, Ltd. has announced the disposal of 17,854 treasury shares as restricted stock remuneration for its directors, aiming to align their interests with long-term corporate and shareholder value enhancement. This move is part of a broader compensation plan approved in 2023, designed to incentivize directors by providing them with shares subject to transfer restrictions, thereby promoting sustainable growth and value sharing with stakeholders.

More about Shimizu Bank, Ltd.

Shimizu Bank, Ltd. operates in the financial services industry, primarily offering banking services. The company is focused on enhancing its corporate and shareholder value through strategic initiatives and compensation plans.

Average Trading Volume: 29,011

Technical Sentiment Signal: Sell

Current Market Cap: Yen15.93B

See more data about 8364 stock on TipRanks’ Stock Analysis page.

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