J. Front Retailing Co., Ltd.
Notice of Share Buyback in connection with the introduction of the Employee Stock Grant Scheme for the Group
Disposal of 206,400 shares of common stock worth 717,652,800 yen on July 22, 2026. Disposal price: 3,477 yen per share. Granted to ESOP trust via trust account, with expected 0.08% dilution.
Key Figures
- 206,400 shares: Disposal shares
- 717,652,800 yen: Total disposal amount
- 3,477 yen: Disposal price per share
AI要約
Overview of disposal
By resolution of the Board of Directors, execution of treasury stock disposal in connection with the introduction of the employee stock grant system for the group. Disposal date is July 22, 2026; target shares are 206,400 of common stock; total disposal amount is 717,652,800 yen. Dilution is expected to be about 0.08%, and funds from the disposal will be granted and converted to payment to employees via a trust account.
Trust contract and procedures
The trust agreement is premised on a stock grant ESOP trust account, with joint trustees including The Master Trust Bank of Japan, Ltd. Trust term is from July 16, 2026 to August 31, 2027, trust funds amounting to 727,652,800 yen. The trust administrator is a third party such as a certified public accountant. Voting rights will be exercised in accordance with the instructions of the trust administrator.
J. Front Retailing Co., Ltd.
Company overview · Stock price · Financial data · All IR
