CTI Engineering Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On May 26, 2026, 32,152 shares of treasury stock will be disposed of at a price of 2,898 yen per share, totaling 93,176,496 yen, and granted as restricted stock compensation to 22 directors and executive officers.
Key Figures
- Number of Shares Disposed: 32,152 shares
- Disposal Price: 2,898 yen per share
- Total Disposal Amount: 93,176,496 yen
AI要約
Overview of Treasury Stock Disposal
Building Technology Institute Co., Ltd. resolved to dispose of 32,152 shares of treasury stock as restricted stock compensation on May 26, 2026. The disposal price is 2,898 yen per share, totaling 93,176,496 yen. The recipients are 22 individuals, comprising 7 directors and 15 executive officers who are not concurrently directors. The disposal is based on a system approved at the shareholders meeting held on March 28, 2023, aiming to enhance the motivation of the recipients.
Terms and Conditions of Restricted Stock Allocation Agreement
The transfer restriction period is set from May 26, 2026 until the later of either immediately after the recipient retires or resigns, or April 1, 2027. The lifting of restrictions requires continued holding of the position for a specified period, and includes a clawback clause permitting unconditional acquisition of the shares if any violation of laws or fraudulent accounting is detected. The shares are managed in a dedicated account at Nomura Securities during the restriction period, and transfer or collateralization is prohibited.
Building Technology Institute Co., Ltd.
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