PARK24 Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On February 26, 2026, Park24 Co., Ltd. disposed of 65,297 treasury shares at 2,175.0 yen per share, totaling 142,020,975 yen, implementing disposal based on the restricted stock compensation plan.
Key Figures
- Number of shares disposed: 65,297 shares
- Disposal price (per share): 2,175.0 yen
- Total disposal amount: 142,020,975 yen
AI要約
Overview of Treasury Stock Disposal
Park24 Co., Ltd. resolved to dispose of 65,297 treasury shares on February 26, 2026. The disposal price is 2,175.0 yen per share, with a total amount of 142,020,975 yen. The disposal price is based on the closing price on the Tokyo Stock Exchange Prime Market as of January 28, 2026, and is reasonable without being particularly advantageous. The shares will be allocated as follows: 19,956 shares to two directors, 9,357 shares to six executive officers who are not directors, and 35,984 shares to nine subsidiary directors.
Purpose and Background of the Disposal
This disposal of treasury stock is pursuant to the restricted stock compensation plan introduced on December 15, 2021, aimed at granting stock compensation to eligible directors, etc., as an incentive to promote sustainable corporate value enhancement. At the 39th Annual General Meeting of Shareholders held on January 25, 2024, authorization was granted to issue or dispose of common stock under the restricted stock compensation plan up to 200 million yen per year and 200,000 shares per year. The restriction period is stipulated to last until the eligible individual resigns from their position or retires.
