Nitta Corporation
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation for Executive Officers
On April 28, 2026, 6,699 shares of treasury stock (totaling ¥30,446,955) will be disposed of as restricted stock compensation to seven executive officers.
Key Figures
- Number of shares disposed: 6,699 shares
- Disposal price (per share): ¥4,545 (based on closing price on April 2, 2026)
- Total disposal amount: ¥30,446,955
AI要約
Overview of Treasury Stock Disposal
At the board meeting held on April 3, 2026, Nitta Corporation resolved to dispose of 6,699 shares of treasury stock as restricted stock compensation to seven executive officers. The disposal price is ¥4,545 per share, totaling ¥30,446,955, with the payment due date set for April 28, 2026. During the transfer restriction period, the participating officers are prohibited from transferring the shares until their resignation or retirement.
Purpose of Disposal and Details of Transfer Restrictions
This disposal is part of the restricted stock compensation plan approved by the board on March 1, 2019, aiming to enhance corporate value and share value with shareholders over the medium to long term. The transfer restrictions will continue from the payment due date until March 31, 2027, subject to the officers' continued service during the provision period. Conditions for lifting transfer restrictions, forfeiture provisions, and treatment upon corporate reorganization are also stipulated.
Nitta Corporation
Company overview · Stock price · Financial data · All IR
