Otsuka Holdings Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, treasury stock of 83,920 shares will be disposed of at 11,090 yen per share, totaling 930,672,800 yen, to be allocated as restricted stock compensation to 43 applicable directors.
Key Figures
- Number of Shares Disposed: 83,920 shares
- Disposal Price: 11,090 yen per share (closing price on March 26, 2026)
- Total Disposal Amount: 930,672,800 yen
AI要約
Summary of Treasury Stock Disposal
Otsuka Holdings Co., Ltd. will dispose of 83,920 shares of treasury stock at 11,090 yen per share on April 24, 2026, with a total amount of 930,672,800 yen. The disposal recipients consist of 8 of the Company's directors (excluding outside directors) receiving 38,500 shares and 35 directors of subsidiaries receiving 45,420 shares, based on the restricted stock compensation plan. The shares disposed under this plan are subject to transfer restrictions during the restriction period, with transfer restrictions lifted based on achievement of performance targets and other conditions.
Purpose and Conditions of the Restricted Stock Compensation Plan
This plan was introduced at the shareholders’ meeting on March 28, 2019, aiming to achieve the medium-term management plan and enhance corporate value over the medium to long term. The transfer restriction period is from April 24, 2026, to June 1, 2031, and lifting of transfer restrictions is conditioned on meeting performance indicators such as EPS, TSR, ROIC, CF, and ESG evaluations. Shares for which transfer restrictions are not lifted will be acquired by the Company without compensation. A clawback system has also been implemented, obligating the return of shares in case of financial statement corrections.
