Daiwa Securities Issues New Stock Option Incentives

Daiwa (JP:8601) has released an update.

Daiwa Securities Group Inc. has announced the issuance of 63,501 Share Acquisition Rights as stock options, which could result in 6,350,100 new shares. The rights will be issued without cost to recipients as part of an incentive compensation scheme, with the exercise price set to the closing price on the allocation date. The terms include provisions for adjustment in case of stock splits, consolidations, or other corporate actions.

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