Okura Industrial Co., Ltd.
Notice Regarding Completion of Payment for Disposal of Treasury Shares as Restricted Stock Compensation
On April 8, 2026, Okura Industrial Co., Ltd. disposed of 9,100 treasury shares as restricted stock compensation to six directors at a price of ¥4,490 per share, totaling ¥40,859,000, and the payment procedure was completed.
Key Figures
- Number of shares disposed: 9,100 shares
- Disposal price: ¥4,490 per share
- Total amount disposed: ¥40,859,000
AI要約
Overview of Disposal of Treasury Shares as Restricted Stock Compensation
Okura Industrial Co., Ltd. disposed of 9,100 treasury shares as restricted stock compensation based on the board resolution dated March 24, 2026. The disposal price was ¥4,490 per share, totaling ¥40,859,000, and the recipients were six directors excluding audit and supervisory committee members and outside directors. The payment deadline was April 8, 2026, and the payment procedure was completed on the same day.
Impact on Shareholders and Management
This disposal is part of the restricted stock compensation aimed at strengthening director incentives. Since treasury shares were disposed of, no new shares were issued and no dilution of shares occurred. Audit and supervisory committee members and outside directors were excluded, contributing to improving transparency in the executives’ remuneration system.
Okura Industrial Co., Ltd.
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