Senshu Electric Co.,Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Incentives for Employee Stock Ownership Plan
On April 24, 2026, 30,300 shares of treasury stock will be disposed to the employee stock ownership plan at 6,420 yen per share, totaling 194,526,000 yen. The dilution rate is 0.17%, indicating minimal market impact.
Key Figures
- Number of shares disposed: 30,300 shares (maximum expected)
- Disposal price: 6,420 yen per share (closing price on February 26, 2026)
- Total disposal amount: 194,526,000 yen
- Dilution rate: 0.17% (against 18,000,000 issued shares)
- Transfer restriction period: April 24, 2026 – April 23, 2029
AI要約
Overview of the Disposal
Senshu Electric Works Co., Ltd. resolved to dispose of 30,300 shares of treasury stock at 6,420 yen per share on April 24, 2026, based on the restricted stock incentive system for the employee stock ownership plan. The total disposal amount is approximately 194,526,000 yen, targeting 606 domestic employees. The shares to be disposed will be allocated to the employee stock ownership plan through a third-party allotment.
Impact on Shareholders and Details of Transfer Restrictions
The dilution rate from this disposal is minor at 0.17%, with limited market impact. The transfer restriction period is from April 24, 2026, to April 23, 2029, during which transfer and pledge are prohibited. Transfer restrictions are lifted if the relevant employee withdraws or becomes a non-resident, and provisions exist for the Company to acquire the shares without compensation. The disposal price is based on the closing price of the business day prior to the Board resolution and is not set at a particularly advantageous price.
