UT Group Co.,Ltd.
Notice Regarding Disposal of Treasury Stock in Conjunction with Introduction of Employee Stock Compensation Plan
Disposal of 26,451,100 shares of treasury stock at 215 yen per share, totaling 5,686,986,500 yen, scheduled for March 3, 2026, to be utilized for introduction of an employee stock compensation plan.
Key Figures
- Number of Shares Disposed: 26,451,100 shares (scheduled for disposal on March 3, 2026)
- Disposal Price: 215 yen per share (based on closing price on February 10, 2026)
- Dilution Rate: 4.42% relative to total outstanding shares (as of September 30, 2025)
AI要約
Overview of Capital Policy
UT Group Co., Ltd. resolved at the Board of Directors meeting to dispose of 26,451,100 shares of treasury stock to Sumitomo Mitsui Trust Bank, Limited (trust account) on March 3, 2026, in conjunction with the introduction of an employee stock compensation plan. The disposal price is 215 yen per share, totaling 5,686,986,500 yen. This disposal is subject to the effective date of notification under the Financial Instruments and Exchange Act. The number of shares disposed corresponds to a 4.42% dilution rate against the total number of outstanding shares as of September 30, 2025, and is judged to have a minimal impact on the liquidity in the market.
Impact on Shareholders and Future Outlook
This disposal of treasury stock is related to the establishment of a trust for the employee stock compensation plan aimed at enhancing employee engagement, retention rate, and rehire rate. The trust period is scheduled from March 3, 2026, to the end of June 2028. The trustee is Sumitomo Mitsui Trust Bank, Limited, and the re-trustee is The Japan Custody Bank, Ltd. Voting rights will be exercised based on the instructions of the trust administrator, and per Tokyo Stock Exchange regulations, independent third-party opinions and procedures for confirming shareholder intentions are not required.
