Sumitomo Osaka Cement Co., Ltd.
Notice regarding decisions on matters related to share acquisition under the equity compensation program
In the context of changes and continuation of the equity compensation program, decision has been made to acquire additional Sumitomo Osaka Cement shares through trust. Acquisition amount: 229,585,000 yen; number of shares: 42,500; planned acquisition date: 2026-08-19; trust termination date: 2029-08-31.
Key Figures
- Total value of acquired shares: 229,585,000 円
- Total number of acquired shares: 42,500 株
- Trust contract date: 2020 年８月 26 日（既設定）
- Date of additional monetary trust: 2026 年８月 19 日（予定）
AI要約
Overview
Sumitomo Osaka Cement has announced, after a resolution by the board of directors, that it will continue with a partial change to the equity compensation program. In this instance, the company will implement additional acquisitions of its own shares through a trust administered by the trustee. The trust is not a monetary trust in the sense of exercising voting rights during the trust period.
Details and Schedule
Summary of the trust: the grantor is the company, the trustee is Sumitomo Mitsui Trust Bank, and the beneficiaries are individuals meeting the director-related requirements. The date of additional monetary trust is August 19, 2026 (planned); the trust termination date (if continued) is August 31, 2029 (planned). The type of shares acquired is common stock; total acquisition value is 229,585,000 yen; total shares acquired are 42,500; method of acquisition is through disposal of treasury stock.
Sumitomo Osaka Cement Company Limited
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