Shizuoka Financial Group,Inc.
Notice Regarding the Decision on Share Acquisition under the Employee Incentive Plan (RS Trust)
Shizuoka Financial Group, Inc. has resolved to additionally acquire 550,000 shares of treasury stock (total acquisition price of 1,450,625,000 yen) on May 19, 2026, under the Employee Incentive Plan (RS Trust).
Key Figures
- Number of Shares Acquired: 550,000 shares (acquisition through disposal of treasury stock)
- Total Acquisition Price: 1,450,625,000 yen
- Scheduled Acquisition Date: May 19, 2026
AI要約
Overview of Capital Policy
Shizuoka Financial Group, Inc. has decided at the Board of Directors meeting to partially revise and continue the share acquisition under the Employee Incentive Plan (RS Trust). This trust benefits employees of the Company and its subsidiaries, with Sumitomo Mitsui Trust Bank, Limited acting as trustee. The Company plans to acquire 550,000 shares of treasury stock on May 19, 2026, with a total acquisition price of 1,450,625,000 yen. The trust agreement date is May 13, 2024, and the trust termination is scheduled for the end of May 2029.
Impact on Shareholders and Future Outlook
This share acquisition is through disposal of treasury stock and aims to enhance employee incentives. Voting rights will be exercised based on the instructions of the trust administrator; as an independent third party separate from the Company’s officers serves as the trust administrator, governance considerations are addressed. Funds for the additional trust will be injected on May 19, 2026, and the initiative is expected to continue contributing to improved employee motivation and corporate value.
