Nippon Telegraph and Telephone (JP:9432) has released an update.
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Nippon Telegraph and Telephone Corporation (NTT) has announced the continuation of its performance-linked stock compensation system for Board Members and Executive Officers. The system, linked to the company’s EBITDA as a performance indicator, aims to align compensation with corporate value and incentivize the achievement of its ‘New Value Creation & Sustainability 2027’ medium-term management strategy. Additional funds will be contributed to a trust which will acquire NTT shares from the stock market to facilitate this compensation plan.
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