Ricoh Leasing Company,Ltd. (JP:8566) has released an update.
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Ricoh Leasing Company, Ltd. has resolved to dispose of 94,700 treasury shares through a third-party allotment as part of its stock-based remuneration system. This initiative aims to align the interests of its directors and executive officers with shareholders by linking their remuneration to the company’s stock value, thereby enhancing corporate performance and value over the medium to long term. The shares will be allotted to a trust managed by Sumitomo Mitsui Trust Bank, Limited.
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