Innotech Corporation

9880.T
Electronics & Computer Distribution
2026/07/22 Updated
Market Cap: $247.9M (¥40.4B)
Stock Price: $20.60 (¥3,360)
Exchange Rate: 1 USD = ¥163.13

Inotech Share Buyback Announcement | October 2026

Inotech will dispose of 36,800 common shares at 3,330 yen per share on October 30, 2026, as an incentive for six executive officers.

Importance:
Page Updated: July 22, 2026
IR Disclosure Date: July 22, 2026

Key Figures

  • Number of Shares Disposed: 36,800 shares
  • Disposal Price: 3,330 yen per share
  • Total Disposed Amount: 122,544,000 yen

AI要約

Overview of the Disposal

Inotech will dispose of 36,800 common shares at 3,330 yen per share on October 30, 2026. This is part of an equity-based incentive plan with transfer restrictions for executive officers, implemented through physical contribution of monetary claims as stock compensation. The purpose of the disposal is to promote sustained enhancement of corporate value, strengthen the awareness of participating in management, and share value with shareholders. The target recipients are six executive officers, with a total disposal amount of approximately 122.54 million yen. A temporary report under the Financial Instruments and Exchange Act has also been submitted for the disposal.

Purpose of the Disposal and Details of the System

This disposal is based on the transfer-restricted stock compensation system introduced in June 2023, by granting monetary claims to the targeted executive officers and providing the entire amount as stock by physical contribution. The transfer restriction period is five years, conditioned on the continued holding of officer positions by the target officers. After the restriction is解除ed, the shares are transferred to the company at no cost. The system aims to promote long-term value sharing between shareholders and management, and to enhance management stability and corporate value.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Inotech Corporation

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