Star Mica Holdings Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
Plan to dispose of 180,598 shares of treasury stock as restricted stock compensation on March 19, 2026, at 1,625 yen per share, totaling 293,471,750 yen.
Key Figures
- Number of shares disposed: 180,598 shares
- Disposal price: 1,625 yen per share
- Total disposal amount: 293,471,750 yen
AI要約
Overview of Treasury Stock Disposal
Star Mica Holdings Co., Ltd. has resolved to dispose of 180,598 shares of treasury stock as restricted stock compensation on March 19, 2026. The disposal price is 1,625 yen per share, with a total amount of 293,471,750 yen. The recipients are 35 individuals in total (aggregate) including directors, audit and supervisory committee members, directors and employees of subsidiaries. The restriction period is set for 50 years.
Purpose and Terms of the Restricted Stock Compensation Plan
This plan was introduced to promote sustainable enhancement of corporate value and to share value with shareholders. Monetary claims are contributed in kind to allot shares to the targeted directors and others. During the restriction period, the transfer or pledge of these shares is prohibited, and the company is entitled to acquire them without compensation under certain conditions. The lifting of transfer restrictions is contingent upon conditions such as continued employment or retirement age.
