Toa Road Corporation
Notice on Share Buyback of Treasury Stock with Transfer-Constrained Stock-Based Compensation
Total amount 97,181,280 JPY, 62,496 shares, disposed on July 28, 2026. Recipients: 4 directors and 24 executive officers. Implementing in-kind consideration and share allocation as part of the transfer-restricted stock compensation system.
Key Figures
- Disposal total: 97,181,280円 (Disposal total)
- Disposed shares: 62,496 shares
- Disposal date: 2026年7月28日
AI要約
Overview
The Company has decided, by resolution of the Board of Directors, to dispose of treasury stock under the transfer-restricted stock compensation system. The disposal targets total 62,496 shares, amounting to 97,181,280 JPY, with the disposal date set for July 28, 2026. The recipients are four internal directors and 24 executive officers, with allocations to each shareholder in accordance with their holdings.
Background and impact
The program aims at sustainable enhancement of corporate value and sharing shareholder value, by acquiring shares in consideration for monetary claims as in-kind contributions. Share allocations are subject to transfer restrictions, with detailed contract terms including restriction periods, removal conditions, and handling in corporate reorganizations. The impact on shareholder value going forward is expected to improve incentive alignment and performance linkage through heightened motivation and properly designed incentives, though specific financial effects are not disclosed.
Toa Road Co., Ltd.
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