Kumiai Chemical Industry Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On March 19, 2026, 50,500 treasury shares were disposed of as restricted stock compensation at 720 yen per share, totaling 36,360,000 yen. The recipients are 14 individuals comprising 6 directors and 8 executive officers.
Key Figures
- Number of Shares Disposed: 50,500 shares
- Disposal Price: 720 yen per share
- Total Disposal Amount: 36,360,000 yen
AI要約
Overview of Capital Policy
Kumiai Chemical Industry Co., Ltd. has resolved to dispose of 50,500 treasury shares on March 19, 2026, under the restricted stock compensation plan. The disposal price is set at 720 yen per share, totaling 36,360,000 yen. The recipients are 14 individuals consisting of six directors excluding outside directors and eight executive officers who are not concurrently directors. This plan aims to provide long-term incentives and promote sharing of shareholder value, with a transfer restriction period set at 30 years.
Impact on Shareholders and Contract Terms
Under the restricted stock allocation agreement, the applicable directors and others are prohibited from transferring or pledging shares during the transfer restriction period, with transfer restrictions lifted under certain conditions. If legitimate reasons such as resignation or reaching retirement age occur, the restrictions are lifted; otherwise, shares for which restrictions are not lifted will be acquired by the company without compensation. The shares are managed in a dedicated account at Nomura Securities, and rules for lifting restrictions are also stipulated in cases of organizational restructuring. The disposal price has been reasonably set based on market prices.
