Hokuhoku Financial Group (TYO:8377) board approved the disposal of 17,945 treasury shares totaling 122.3 million yen under its performance-linked stock compensation plan.
The shares were allocated to five directors, excluding outside directors, 13 directors of the subsidiaries, and 22 executive officers of subsidiaries, according to a Tuesday filing on the Tokyo Stock Exchange.
The disposal is scheduled for July 23.
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