Teikoku Sen-i Co., Ltd.

3302.T
Farm & Heavy Construction Machinery
2026/08/23 Updated
Market Cap: $544.0M (¥86.5B)
Stock Price: $21.23 (¥3,375)
Exchange Rate: 1 USD = ¥158.98

Notice Regarding Disposal of Treasury Stock as Restricted Stock Incentives for the Employee Stock Ownership Plan

On July 31, 2026, 12,048 shares of treasury stock will be disposed of as restricted stock to the Employee Stock Ownership Plan at 2,986 yen per share, totaling 35,975,328 yen.

Importance:
Page Updated: March 27, 2026
IR Disclosure Date: March 27, 2026

Key Figures

  • Number of Shares Disposed: 12,048 shares (expected to be granted to a maximum of 443 employees)
  • Disposal Price: 2,986 yen per share (based on closing price on March 26, 2026)
  • Share Dilution Rate: 0.04% (based on total issued shares of 27,584,400 shares)

AI要約

Overview of Capital Policy

Teikoku Sen-i Co., Ltd. resolved to dispose of 12,048 shares of treasury stock on July 31, 2026, pursuant to the restricted stock incentive plan for the Employee Stock Ownership Plan. The disposal price is 2,986 yen per share, with a total amount of approximately 35.97 million yen. The beneficiaries include up to 443 employees of the Company and its subsidiaries, under a program aimed at enhancing employee welfare and corporate value. During the restricted period, transfer or pledge of the shares is prohibited, and the Company will acquire the shares without compensation if certain conditions arise.

Impact on Shareholders and Procedures

The share dilution rate resulting from this treasury stock disposal is a minimal 0.04% relative to the total issued shares and is judged to have negligible market impact. The disposal price is based on the closing price on the business day before the board of directors’ resolution date and is not a favorable price. According to Tokyo Stock Exchange regulations, it is not necessary to obtain independent third-party opinions or shareholder approval. All corporate auditors have confirmed the legality of the disposal price.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Teikoku Sen-i Co., Ltd.

Company overview · Stock price · Financial data · All IR

View company page →