Futaba Industrial Co., Ltd.
Notice on Disposal of Treasury Shares as Restricted Stock Incentives for the Employee Shareholding Association
Disposal date March 1, 2027; up to 186,720 shares of issued shares to be allocated to the employee shareholding association. Disposal price 1,115 yen per share, total approximately 208 million yen. Expected number of eligible employees: 2,334 people.
Key Figures
- 186,720 shares
- 1,115 yen
- 208,192,800 yen
AI要約
Overview and Purpose of the Plan
The Board resolved the introduction of a restricted stock incentive plan for the employee shareholding association and the disposal of treasury shares. The plan aims to enhance employee welfare and to sustainably increase corporate value by granting and disposing of restricted shares to eligible employees. Special incentive payments will be treated as contributions in kind, and share allocations will be carried out through the employee shareholding association.
Share Dilution and Conditions
The number of shares to be disposed is up to 186,720 shares, representing 0.21% of the total outstanding shares of 89,580,827 shares and 0.21% of the total voting rights of 891,854. The restriction period is from March 1, 2027 to May 31, 2029, and the transfer restrictions will be lifted upon expiration of that period. Provisions are established for treatment such as gratuitous acquisition in cases where an employee becomes a non-resident due to overseas assignment or upon occurrence of specified events.
Futaba Industrial Co., Ltd.
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