The Kita-Nippon Bank, Ltd.
Notice of Share Buyback Based on Restricted Stock Compensation System
Bank of Japan plans to dispose of 6,000 shares of treasury stock to seven directors and one senior executive officer, raising a total of ¥31,860,000. The disposal date is July 22, 2026.
Key Figures
- Number of Shares Disposed: 6,000 shares
- Disposal Price: ¥5,310
- Total Amount: ¥31,860,000
AI要約
Overview of Disposal
The Bank of Japan will dispose of 6,000 shares of treasury stock on July 22, 2026. The disposal price is ¥5,310 per share, with a total amount of ¥31,860,000. The targeted individuals are seven directors and one senior executive officer, and the disposal is conducted as part of the restricted stock compensation system. Details of the system include share payments, a 30-year transfer restriction period, and the objectives of sharing shareholder value and incentivizing executives over the long term.
Purpose and Future Outlook of the Disposal
This share buyback is carried out as part of the restricted stock compensation system to encourage the long-term enhancement of corporate value by executives. Funds raised through the disposal are expected to be used for system management and executive incentives. The system’s long-term transfer restriction period is set at 30 years, promoting ongoing commitment of executives to the company.
Bank of Japan
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