Hokuhoku Financial Group Completes Share Disposition Based on Performance-linked Equity Compensation Plan
TOKYO, Jul 23 (Pulse News Wire) – Hokuhoku Financial Group, Inc. (8377.S) completed the repurchase of its own shares based on a performance-linked equity compensation plan.
The repurchase was approved during the board meeting held on June 23, 2026. Details of the share repurchase include: - Payment completion date: July 23, 2026 - Type and number of shares repurchased: Ordinary shares totaling 17,945 - Price per share: ¥6,814 - Total amount paid: ¥122.3 million The shares were distributed to five directors, thirteen subsidiary directors, and twenty-two subsidiary executive officers.
Notably, the total count includes five individuals who hold dual roles as directors and executives, resulting in an actual distribution to thirty-five recipients. This transaction aligns with the company's strategy to incentivize performance through equity-based rewards.
For more detailed information, refer to the previous announcement dated June 23, 2026.
