Papyless Co., Ltd.
Notice Regarding Disposal of Treasury Stock in Connection with Continuation of Director Stock Compensation Plan and Introduction of Employee Stock Incentive Plan
Disposal of treasury stock to be carried out: totaling 380,000 shares to be disposed (180,000 shares for directors, 200,000 shares for employees), disposal price 955 yen/share, total amount 362,900,000 yen. Implementation on 2026-12-01. To be executed via trust account, dilution estimated at 3.68% (outstanding shares basis) and 4.89% (total voting rights basis).
Key Figures
- Number of shares to be disposed: 380,000 shares (180,000 shares for directors, 200,000 shares for employees)
- Disposal price: 955 yen/share
- Total amount: 362,900,000 yen
AI要約
Overview
Papyless Co., Ltd. has resolved to dispose of treasury stock in conjunction with the continuation of the director stock compensation plan and the introduction of an employee stock incentive plan. The disposal will be executed on 2026-12-01, totaling 380,000 shares (180,000 shares for directors, 200,000 shares for employees), with a total amount of 362,900,000 yen. The shares will be disposed through Sumitomo Mitsui Trust Bank as the trust account and via the re-trust trustee.
Impact and Background
The plans aim to strengthen alignment between director/employee compensation and the company's share value to enhance medium- to long-term corporate value. Dilution is expected to be 3.68% of outstanding shares and 4.89% of total voting rights. The effect on market liquidity is judged to be minimal.
Papyless Co., Ltd.
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