Hokko Chemical Industry Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Incentives for Employee Stock Ownership Plan
Plans to dispose of 15,000 shares of treasury stock as restricted shares to the employee stock ownership plan at 1,780 yen per share, totaling 26,700,000 yen, on August 31, 2026.
Key Figures
- Number of shares disposed: 15,000 shares (maximum assumption)
- Disposal price (per share): 1,780 yen (closing price on April 20, 2026)
- Total disposal amount: 26,700,000 yen (maximum assumption)
AI要約
Overview of Treasury Stock Disposal
Hokko Chemical Industry Co., Ltd. resolved to dispose of 15,000 shares of treasury stock at 1,780 yen per share on August 31, 2026, based on the restricted stock incentive scheme for the employee stock ownership plan. The total disposal amount is 26,700,000 yen, assuming the maximum of 750 eligible employees will each receive 20 shares. The final number and total amount of shares disposed will be determined based on employees’ consent.
Purpose of Disposal and Impact on Shareholders
This scheme aims to enhance employee welfare and sustainably increase corporate value by promoting employees’ asset building and shareholder value sharing through restricted stock. The share dilution ratio is very small at 0.05%, and the impact on the market is considered minimal. The transfer restrictions apply from August 31, 2026, through August 31, 2031, during which transfer restrictions may be lifted or shares may be acquired without remuneration under certain conditions.
Hokko Chemical Industry Co., Ltd.
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