The Bank of Saga Ltd.
Notice on Detailed Decisions Regarding the Stock-based Compensation System
Resolution to acquire treasury stock as part of the stock-based compensation system. Total acquisition amount: 6,620,000,000 yen; acquisition period: 2026/8/14 to 9/11 (planned); trust contract: 664 million yen; trustee: MUFG Trustee Bank, Ltd. and co-trustee Nippon Master Trust Bank, Ltd.; trust administrator is an independent third party.
Key Figures
- Total amount of stock acquisition: 66,200,000,000円
- Trust fund amount: 664百万円
- Trust period: 2026年8月12日～2028年8月31日（予定）
AI要約
Overview
Saga Bank has resolved to introduce a stock-based compensation system for directors, and today disclosed the total amount, timing, and method of stock acquisition within the system. The total acquisition amount is 6,620 million yen, and the acquisition period is from August 14, 2026 to September 11, 2026; stock will be acquired from the market through a trust arrangement. The trustee is MUFG Trust Bank, Ltd., with co-trustee Nippon Master Trust Bank, Ltd., and the trust administrator is an independent third party without interests involved with the banks.
Outlook and impact
The program starts on August 12, 2026, and includes directors who are Audit & Supervisory Board Members and other directors excluding internal non-residents. No voting rights will be exercised, and residual assets will be allocated within the scope of the trust reserve. Implementing a stock-based compensation system as part of capital policy aims to create shareholder value and incentivize talent; dilution effects and other issues will be disclosed in relevant materials as applicable.
Saga Bank Ltd.
Company overview · Stock price · Financial data · All IR
