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Resona Holdings Finalizes Employee Share Benefit Trust and Treasury Stock Disposal

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Resona Holdings Finalizes Employee Share Benefit Trust and Treasury Stock Disposal

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Resona Holdings ( (JP:8308) ) has issued an update.

Resona Holdings has finalized details for an employee share benefit trust system aimed at enhancing employee motivation and corporate value. This involves the disposal of treasury stock through a third-party allotment, with shares allocated to the Custody Bank of Japan as part of the trust arrangement. The initiative is expected to have minimal impact on the stock market due to the small percentage of shares involved.

The most recent analyst rating on (JP:8308) stock is a Hold with a Yen1621.00 price target. To see the full list of analyst forecasts on Resona Holdings stock, see the JP:8308 Stock Forecast page.

More about Resona Holdings

Resona Holdings, Inc. operates in the financial services industry, primarily focusing on banking services through its subsidiaries, including Resona Bank, Saitama Resona Bank, Kansai Mirai Bank, and Minato Bank. The company is listed on the Prime Market of the Tokyo Stock Exchange.

Average Trading Volume: 8,183,052

Technical Sentiment Signal: Buy

Current Market Cap: Yen3546.8B

See more data about 8308 stock on TipRanks’ Stock Analysis page.

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