MISUMI Group Inc.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation for Directors
MISUMI Group Inc. plans to dispose of treasury stock as restricted stock compensation for directors, with the total payment amount expected to be JPY 310,000,000.
Key Figures
- Total payment amount: JPY 310,000,000 (reasonably expected amount)
- Approval date of restricted stock compensation plan for directors: 2023-06-15
- Details disclosure scheduled: Upon determination
AI要約
Overview of Treasury Stock Disposal
MISUMI Group Inc. plans to dispose of treasury stock as stock compensation to directors (excluding outside directors) this fiscal year based on the restricted stock compensation plan for directors approved at the 61st Annual General Meeting of Shareholders held on June 15, 2023. The total payment amount reasonably expected at this time is JPY 310,000,000. Details will be published as soon as they are determined.
Impact on Investors and Future Actions
This disposal is part of the restricted stock compensation plan aimed at strengthening directors’ incentives. While the disposal of treasury stock may affect the number of issued shares, the specific number of shares and impact ratio are currently unknown. Further information will be disclosed in the future.
MISUMI Group Inc.
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