MEC Company Ltd.
Notice Regarding Determination of Matters Concerning Share Acquisition under the Stock Compensation Plan
The board resolved to continue the stock delivery trusts for directors and executive officers and to make additional monetary contributions to the trusts so that the trustee will acquire additional shares. Total acquisition amounts are 57,887,000 yen for directors and 18,935,000 yen for executive officers; total shares to be acquired are 10,700 shares and 3,500 shares, respectively. Acquisition is scheduled for November 27, 2026, and the trusts are scheduled to end at the end of August 2028.
Key Figures
- 57,887,000 yen: Total amount for share acquisition (Directors)
- 18,935,000 yen: Total amount for share acquisition (Executive Officers)
- 10,700 shares: Total number of shares to be acquired (Directors)
- 3,500 shares: Total number of shares to be acquired (Executive Officers)
- 2026-11-27: Acquisition timing (scheduled)
AI要約
Overview
The Company resolved at the Board of Directors to continue the stock delivery trusts for directors and for executive officers and decided to make additional monetary contributions to the trusts so that the trustee will acquire additional Company shares. Key trust information: the trustee is Sumitomo Mitsui Trust Bank, the trust administrator is an independent third party, the trust period runs from the contract date in 2016, and the trust is scheduled to end at the end of August 2028. Share acquisition will be implemented by disposition of treasury stock, and the acquisition amount and number of shares are specified separately for directors and for executive officers.
Impact and Outlook
This measure is positioned as part of a long-term compensation design through the stock compensation plan. There is no clear direct short-term impact on shareholder value, but it is intended as a measure to enhance employee motivation and secure talent. Note that voting rights during the trust period will not be exercised within the trust, and share acquisition will be carried out through additional monetary contributions to the trust.
MEC Company Ltd.
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