FilingReader Intelligence

Monex Group to distribute treasury stock as remuneration

July 7, 2025 at 07:09 AM UTCBy FilingReader AI

Monex Group announced plans to dispose of treasury stock as restricted stock remuneration, aiming to incentivize eligible officers and enhance the company's corporate value. Approved by the board on July 7, 2025, the plan involves distributing 213,000 common shares at JPY 720 per share, totaling JPY 153,360,000. Recipients include board members, executive officers, expert directors, and executive directors across Monex Group and its subsidiaries. The restricted stock allocation agreement stipulates transfer restrictions until August 2026 (for outside directors) and August 2028 (for other eligible officers). The price was set according to the closing price on the Tokyo Stock Exchange on July 4, 2025. The initiative aims to align management's interests with shareholders and foster sustainable growth.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

TSE:8698Tokyo Stock Exchange

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