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 yen
- Total number of acquired shares: 42,500 shares
- Trust contract date: August 26, 2020 (Already set)
- Date of additional monetary trust: August 19, 2026 (planned)
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 Co., Ltd.
Company overview · Stock price · Financial data · All IR
