Toa Road Corporation
Notice on the Disposal of Treasury Stock as part of the Employee Shareholding Association Transfer-Restricted Stock Incentive
Under the transfer-restricted stock incentive program for the Employee Shareholding Association, treasury stock disposal of up to 250,000 shares has been approved. The disposal date is September 18, 2026, the disposal price is 1,555 yen per share, totaling 3,887,500,000 yen. Target employees are up to 1,250 people. Dilution is expected to be about 0.50% of the issued shares. The allocation will be made through this association in-kind. The transfer restriction period and other terms are detailed.
Key Figures
- Disposal shares: 250,000 shares
- Disposal total amount: 38,875,000,000 yen
- Disposal price per share: 1,555 yen
AI要約
Overview of the system and its purpose
This notice informs that the disposal of treasury stock has been decided through the Employee Shareholding Association transfer-restricted stock incentive system. The program was introduced to enhance the welfare of eligible employees and to sustain corporate value, whereby eligible employees contribute monetary claims to acquire transfer-restricted stock.
Disposal conditions and period
Disposal will be conducted by third-party allotment, with the allottee being the Employee Shareholding Association. The transfer-restriction period runs from September 18, 2026 to March 19, 2027. During the restriction period transfers are prohibited, and restrictions will be lifted upon fulfillment of conditions.
Toa Road Public Works Co., Ltd.
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