Mizuho Financial Group,Inc. [8411.T]
TOKYO, Jul 01 (Pulse News Wire) – Mizuho Financial Group,inc. (8411.T) announced today that it has resolved to make additional contributions to the equity trust (BBT) established under its stock-based compensation program.
The move aims to secure funds for future equity acquisitions needed under the existing compensation scheme. Key details of the additional contribution include: - Type of trust: Cash trust (non-cash monetary trust) - Trustor: Mizuho Financial Group,inc. - Trustee: Mizuho Trust Bank Co., Ltd.
(reconveyance destination: Nomura Trust & Banking Co., Ltd.) - Beneficiaries: Directors, executive officers, and senior executives of Mizuho Financial Group,inc., as well as directors and senior executives of subsidiaries Mizuho Bank, Mizuho Trust Bank, and Mizuho Securities who meet the beneficiary criteria set forth in the equity grant regulations. The planned additional contribution amount is ¥2.900 billion. This funding is expected to result in the acquisition of up to 350,000 shares of common stock through open-market purchases from July 14, 2026, to July 22, 2026.
This decision follows previous updates on the company's performance-linked equity compensation system disclosed on May 15, 2015 and July 13, 2018.
🟢 Confidence: High AI-translated content.