MUGEN ESTATE Co.,Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, it was resolved to dispose of 85,800 shares of treasury stock at 2,313 yen per share, totaling 198,455,400 yen, as restricted stock compensation to directors and executive officers.
Key Figures
- Number of Shares Disposed: 85,800 shares
- Total Disposal Amount: 198,455,400 yen
- Disposal Price (per share): 2,313 yen
AI要約
Overview of Disposal of Treasury Stock as Restricted Stock Compensation
Mugen Estate Co., Ltd. resolved at the Board of Directors meeting on April 24, 2026, to dispose of 85,800 shares of treasury stock as restricted stock compensation. The disposal price is 2,313 yen per share, with a total of 198,455,400 yen. The recipients are a total of 10 persons, comprising 3 directors and 7 executive officers, based on the compensation system approved by the Board of Directors and the General Meeting of Shareholders. The transfer restriction period starts from the payment date and continues until the relevant officers resign or retire, with conditions for lifting the restriction and provisions for acquisition without compensation clearly specified.
Transactions with Controlling Shareholders and Measures to Protect Minority Shareholders
Since controlling shareholders and their relatives are included among the allottees, this disposal constitutes a transaction with controlling shareholders. The Board of Directors deliberated on legality and rationality, and parties related to controlling shareholders did not participate in the resolution to avoid conflict of interest. Opinions from outside directors confirmed no disadvantage to minority shareholders, and it was judged to comply with minority shareholder protection measures based on the Corporate Governance Report.
