Tokai Tokyo Financial Holdings grants stock options to key personnel
Tokai Tokyo Financial Holdings announced on August 27, 2025, a detailed plan to grant stock acquisition rights (stock options) to its executive directors, executive officers, and employees, as well as those of its subsidiaries. This initiative is intended to improve the consolidated performance of the Tokai Tokyo Financial Group and harmonize the interests of all stakeholders.
A total of 1,500 stock acquisition rights, designated as the "17th stock acquisition rights," will be allocated to 308 recipients, with each right representing 1,000 shares of common stock. The allocation includes 44 rights for the company's 2 executive directors, 1,344 rights for 289 employees, 100 rights for 15 executive directors of wholly-owned subsidiaries, and 12 rights for 2 executive directors of other subsidiaries. The granting date for these rights is September 16, 2025.
No payment is required for acquiring these rights. The exercise period for the stock acquisition rights will run from October 1, 2027, through September 30, 2034. The exercise price will be 1.05 times the higher of the average daily closing price for the month preceding the allocation date or the closing price on the allocation date, with adjustments for stock splits, consolidations, or other capital events.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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