WELLNEO SUGAR Co., Ltd.
Notice Regarding Disposal of Treasury Shares by Third-Party Allocation to the Employee Shareholding Association
At today's board meeting, it was resolved to dispose of 12,000 treasury shares by third-party allocation to the employee shareholding association. Payment date 2026/12/15, disposal price 2,859 yen/share, total approximately 34.3 million yen. The purpose is to facilitate corporate culture integration and create synergies following the merger with Toyo Sugar Co., Ltd.
Key Figures
- Number of shares to be disposed: 12,000 shares
- Disposal price: 2,859 yen
- Total: 34,308,000 yen
AI要約
Overview
This disposal of treasury shares is a third-party allocation to the employee shareholding association under which eligible employees contribute a special incentive to the shareholding association, and the association receives an allocation of the Company's shares. The number of shares to be disposed is up to 12,000 shares, representing an estimated dilution rate of approximately 0.04%. Implementation is intended to align with the merger effective on or after October 1, 2026, aiming to harmonize corporate cultures.
Employee Shareholding Association and Purpose
Under this scheme, eligible employees will be granted a special incentive, which they will contribute to the employee shareholding association. The association will consolidate contributions and receive the allocation of the Company's shares. The objective is to generate synergies from the merger and to enhance employees’ awareness of corporate value.
WELLNEO SUGAR Co., Ltd.
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