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An announcement from Suruga Bank ( (JP:8358) ) is now available.
Suruga Bank has announced a strategic shift in its executive remuneration scheme from performance share units and restricted stock units to a Trust-type Stock Compensation System. This change aims to enhance directors’ motivation to improve the bank’s long-term value and performance while ensuring a more stable and efficient remuneration process. The new system, subject to shareholder approval, will adopt a Board Incentive Plan Trust structure, aligning director compensation with company performance indicators.
More about Suruga Bank
Suruga Bank, Ltd. operates in the financial services industry, primarily offering banking services. It is listed on the Prime Market of the Tokyo Stock Exchange and focuses on providing a range of financial products and services to its customers.
YTD Price Performance: 16.72%
Average Trading Volume: 730,243
Technical Sentiment Signal: Buy
Current Market Cap: Yen250.9B
Find detailed analytics on 8358 stock on TipRanks’ Stock Analysis page.