The Pack Corporation
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, 31,300 shares of treasury stock were disposed of at 1,323 yen per share, totaling 41,409,900 yen, granted as restricted stock compensation to 17 eligible directors and executives.
Key Figures
- Number of Shares Disposed: 31,300 shares
- Total Disposal Amount: 41,409,900 yen
- Restriction Period: 25 years
AI要約
Overview of Treasury Stock Disposal
The Pakku Co., Ltd. resolved to dispose of 31,300 shares of treasury stock at 1,323 yen per share, totaling 41,409,900 yen on April 24, 2026. The shares will be allocated as restricted stock compensation to 17 eligible directors and executives, comprising 23,000 shares to 8 directors (including outside directors) and 8,300 shares to 9 executive officers. The restriction period is 25 years, aimed at sharing shareholder value and providing medium- to long-term incentives.
Details and Purpose of the Restricted Stock Compensation Plan
This plan was introduced in 2020, providing for the issuance or disposal of ordinary shares through contribution in kind of monetary claims to eligible directors and executives. Outside directors were added as recipients at the general shareholders meeting in March 2026, with an annual grant limit of 80,000 shares and monetary claim limit set at 100 million yen per year. Transfer and pledge of the shares are prohibited during the restriction period, with conditions for lifting restrictions or gratuitous acquisition. The current disposal aims to enhance motivation among officers and employees and promote long-term sharing of shareholder value.
