Daicel Corporation
Notice on the Disposal of Treasury Stock as Part of a Restricted Stock Unit Plan for the Employee Stock Ownership Plan
Up to 183,326 shares to be allocated to the Employee Stock Ownership Plan. Disposition price of 1,400.5 yen per share, total approximately 257 million yen. Details of the allocation agreement, transfer restrictions, vesting conditions, treatment upon withdrawal, gratuitous acquisition terms, and handling in case of corporate reorganizations will be disclosed.
Key Figures
- 183,326 shares
- 1,400.5 yen
- 256,748,063 yen
AI要約
Overview of the制度 and purpose
This program is a long-term incentive measure to foster wealth formation among target employees and enhance corporate value through a restricted stock unit incentive for the Employee Stock Ownership Plan. It is structured to acquire and dispose of restricted stock by contributing cash claims as assets, with transfer restrictions applied to the allocated shares that may be解除 under certain conditions.
Details and conditions of disposition
The number of disposed shares is up to 183,326, with a disposition price of 1,400.5 yen per share. The allocation agreement概要, transfer restriction period,解除条件, treatment upon withdrawal, gratuitous acquisition terms, and handling in corporate reorganizations are specified. The allocation target is this Employee Stock Ownership Plan, which acquires, holds, and manages the allocated shares via in-kind contributions.
Daicel Corporation
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