Kohoku Kogyo CO.,LTD.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On May 21, 2026, 3,016 shares of treasury stock were disposed of, totaling JPY 14,974,440, granted to 9 directors and executive officers under the restricted stock compensation plan.
Key Figures
- Number of shares disposed: 3,016 shares
- Total amount of disposal: JPY 14,974,440
- Restriction period: 30 years (2026-05-21 to 2056-05-20)
AI要約
Overview of Treasury Stock Disposal
Kohoku Industrial Co., Ltd. has decided to dispose of 3,016 shares of treasury stock on May 21, 2026, under the restricted stock compensation plan. The disposal price is JPY 4,965 per share, totaling JPY 14,974,440. The recipients are 9 persons, consisting of 3 directors and 6 executive officers. This disposal aims to provide incentives for the recipients to enhance corporate value and to align interests with shareholders.
Details of Restricted Stock Compensation Plan and Impact on Shareholders
Under this plan, the recipients acquire shares by contributing monetary claims in kind, with a restriction period set long-term at 30 years. During the restriction period, transfer or pledge of the shares is prohibited, but restrictions can be lifted upon justifiable reasons such as retirement or reaching retirement age. Shares for which restrictions are not lifted will be acquired by the company without compensation. The disposal price was reasonably determined based on market price and is not advantageous. The dilution of shareholder value is considered limited.
Kohoku Industrial Co., Ltd.
Company overview · Stock price · Financial data · All IR
