Nihon Kagaku Sangyo Co., Ltd.
Notice Regarding Disposal of Treasury Shares in Connection with Continued Performance-Linked Stock Compensation Plan
In connection with the continuation of the performance-linked stock compensation plan, the Company will dispose of 69,500 shares of common stock at 1,985 yen per share. The total amount is 137,957,500 yen. The disposal date is November 25, 2026, conducted via a re‑trustee through the trust account. Dilution is approximately 0.34% (versus total issued shares), and the impact on the trading market is judged to be minor.
Key Figures
- 69,500 shares
- 1,985 yen
- 137,957,500 yen
AI要約
Overview of the Matter
The disposal of treasury shares associated with the continuation of the performance-linked stock compensation plan, resolved at the Board of Directors meeting held today, will be conducted pursuant to the stock delivery rules under which shares are delivered via a trust account. The number of shares to be disposed is 69,500 shares, the disposal price is 1,985 yen per share, and the total amount is 137,957,500 yen. The disposal date is November 25, 2026. The trustee of the stock delivery trust is Sumitomo Mitsui Trust Bank, and the re‑trustee is Japan Custody Bank. Dilution is expected to be 0.34% of the total issued shares, and the impact on the trading market is considered minor.
Background and Impact
This disposal is implemented to strengthen the linkage between the stock compensation plan and shareholder value, and is positioned as part of ongoing operations accompanying the plan’s continuation. The outline of the trust agreement and the handling of voting rights are appropriately disclosed through the filing of an extraordinary report and other means.
Nihon Kagaku Sangyo Co., Ltd.
Company overview · Stock price · Financial data · All IR
