Nittoc Construction Co., Ltd.
Completion of New Share Issuance with Transfer Restrictions | July 2026
We announced that the payment procedure for 20,639 shares of new shares with transfer restrictions as part of the stock-based reward plan has been completed on July 21, 2026. The issue price was 1,085 yen, totaling 22,393,315 yen. The recipients are five directors and four executive officers with assigned roles.
Key Figures
- Number of issued shares: 20,639 shares
- Issue price: 1,085 yen
- Total amount: 22,393,315 yen
AI要約
Overview of Capital Policy
We would like to inform you that, based on the Board of Directors resolution on June 24, 2026, new shares with transfer restrictions were issued, and the payment process was completed today. The number of issued shares is 20,639, the issue price is 1,085 yen, and the total amount is 22,393,315 yen. The recipients are five directors and four executive officers, each allocated accordingly. This aims to enhance the remuneration system for officers and improve corporate value.
Impact on Shareholders and Future Outlook
The issuance of new shares this time results in share dilution but is part of efforts to improve officer incentives and align with the company's long-term growth strategy. The completion of the payment maintains the capital base and is expected to contribute to future business development and shareholder value enhancement. Further disclosures regarding earnings guidance and additional capital policies will be provided as needed.
Construction Corporation
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