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Bandai Namco Approves 617 Million Yen Treasury Stock Disposal

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Bandai Namco Holdings (TYO:7832) approved the disposal of 171,900 treasury shares as part of a performance-based share compensation plan.

The shares will be allotted at 3,591 yen each, for a total disposal value of about 617.3 million yen, according to a company filing on Monday. The shares will be allotted to five directors of the company, and 27 directors of the group's business management companies.

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