Kitano Construction Corp.
Completion of Treasury Stock Disposition with Restricted Stock Units｜July 23, 2026
Kitano Construction announced that it has disposed of 32,163 treasury shares at 998 yen per share as part of its restricted stock unit compensation program, and the payment procedures have been completed.
Key Figures
- Number of shares disposed: 32,163 shares
- Disposal amount: 32,098,674 yen
- Disposal date: Reiwa 8 July 23
AI要約
Overview of the Disposal
Kitano Construction disposed of treasury stock based on the resolution of its Board of Directors held on June 25, Reiwa 8, as part of its restricted stock unit compensation program. The number of shares disposed is 32,163 shares, at 998 yen per share, totaling 32,098,674 yen. The disposal was conducted on July 23, Reiwa 8, and the shares were transferred to four directors.
Impact on Shareholders and Future Outlook
This disposal of treasury stock is part of the restricted stock unit compensation system and does not directly dilute shareholders. The disposal aims to improve capital efficiency and incentivize employees and executives. The company will continue to manage its capital policy appropriately to enhance corporate value.
Kitano Construction Co., Ltd.
Company overview · Stock price · Financial data · All IR
