Resona Holdings finalizes employee share trust, disposes treasury stock

Resona Holdings, Inc. finalized details for its employee share benefit trust system, approved on May 13, 2025, to incentivize employees of its subsidiaries including Resona Bank and Saitama Resona Bank. The system, which involves a trust of cash for share acquisition, will acquire 634,000 common shares for JPY 976,677,000 on October 10, 2025, through a third-party allotment.

The disposal of treasury shares to Custody Bank of Japan, Ltd. (trust account) will occur on October 10, 2025, at JPY 1,540.5 per share, totaling JPY 976,677,000. This disposal represents 0.03% of outstanding shares and voting rights, deemed reasonable by the company, with the audit committee confirming the fairness of the disposal value based on market rates as of September 24, 2025.

The value of JPY 1,540.5 per share reflects the closing price on the Tokyo Stock Exchange the business day prior to the decision date. This price shows a 3.18% deviation from the one-month average, 8.79% from the three-month average, and 18.14% from the six-month average, indicating the disposal value is not particularly favorable to the allottee.