The Gunma Bank Gunma Bank Completes Share Repurchase for Restricted and Performance-Based Compensation

TOKYO, Jul 21 (Pulse News Wire) – The Gunma Bank,ltd. (8334.T) completed the payment procedures for share repurchases related to restricted stock awards and performance-based equity compensation.

Details of the transaction were previously disclosed on June 23, 2026. For the restricted stock awards, the bank distributed ordinary shares totaling 41,191 to six non-outsider directors at a price of ¥2,335 per share, resulting in a total amount of ¥96.2 million. Additionally, 15 executive officers received shares worth ¥14.2 million in total, based on a price of ¥2,335 per share, under the performance-based equity compensation program.

Both distributions took place. The recipients included seven individuals who held director positions during the relevant performance periods, with one retiree receiving 405 shares. Payments were finalized according to the resolutions made at the board meeting held on June 23, 2026.