Daido Metal Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Incentives for Employee Shareholding Association
On October 27, 2026, Daido Metal Co., Ltd. plans to dispose of 322,800 shares of common stock as treasury stock to the employee shareholding association at 1,005 yen per share, totaling 324,414,000 yen.
Key Figures
- Number of shares to be disposed: 322,800 shares (maximum expected)
- Total disposal amount: 324,414,000 yen
- Transfer restriction period: October 27, 2026 – October 31, 2030
AI要約
Overview of Treasury Stock Disposal
Daido Metal Co., Ltd. has resolved to dispose of 322,800 shares of common stock as treasury stock at 1,005 yen per share on October 27, 2026, based on the restricted stock incentive scheme for the employee shareholding association. The total disposal amount is approximately 324.41 million yen, with up to 3,228 employees of the company and its subsidiaries expected to receive 100 shares each. The exact number of shares and total amount will be finalized based on employee consent.
Purpose of the Scheme and Impact on Shareholders
This scheme aims to enhance employee welfare and sustainably increase corporate value by promoting employees’ asset building and sharing of shareholder value through restricted stock grants. The dilution rate is 0.68%, and the market impact is considered minimal. The transfer restriction period is approximately four years, during which transfer or pledge of shares is prohibited, and the company has provisions for gratuitous acquisition under certain conditions.
Daido Metal Co., Ltd.
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