Nichiha Corporation
Announcement of Share Buyback of Restricted Stock Compensation | July 22, 2026
Nichia plans to dispose of 14,828 shares of treasury stock on July 22, 2026, raising approximately 43,638,804 yen. This transaction is part of a stock reward scheme, involving the disposal of shares granted to directors.
Key Figures
- Number of Shares Disposed: 14,828 shares
- Total Disposal Amount: 43,638,804 yen
- Disposal Price per Share: 2,943 yen
AI要約
Details and Purpose of the Disposal
On July 22, 2026, Nichia will dispose of 14,828 shares of treasury stock as part of restricted stock compensation to four directors and three executive officers. The disposal price is 2,943 yen per share, totaling 43,638,804 yen. This is part of a stock compensation scheme aimed at increasing corporate value and share price, executed in exchange for monetary compensation rights based on each director's contribution.
Details of the Scheme and Future Outlook
The disposed shares will be allocated as restricted stock to the directors, with restrictions on transfer remaining until the director's resignation or retirement. If a director resigns, the shares will be acquired at no cost under certain conditions. This disposal is designed to enhance director incentives without undermining shareholder interests, and ongoing monitoring of the scheme's implementation is necessary.
Nichia Corporation
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