The Yokohama Rubber Company, Limited
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On May 22, 2026, it was resolved to dispose of 44,922 shares of treasury stock as restricted stock compensation at 6,313 yen per share, totaling 283,592,586 yen.
Key Figures
- Number of shares disposed: 44,922 shares
- Disposal price (per share): 6,313 yen (Closing price on April 24, 2026)
- Total disposal amount: 283,592,586 yen
AI要約
Overview of Treasury Stock Disposal
The Yokohama Rubber Company, Limited resolved at its Board of Directors meeting on May 22, 2026, to dispose of 44,922 shares of treasury stock as restricted stock compensation. The disposal price is 6,313 yen per share, totaling 283,592,586 yen. The recipients include 5 Directors, 15 Executive Officers, and 21 Board Members, a total of 41 individuals. This disposal is based on the restricted stock compensation plan introduced to share the benefits and risks of stock price fluctuations with shareholders and to enhance motivation to contribute to corporate value improvement.
Details and Conditions of the Restricted Stock Compensation Plan
The transfer restriction period is 30 years, during which the allotted recipients are restricted from transferring or disposing of the shares. Provisions exist for gratuitous acquisition upon resignation or retirement, and special exceptions for lifting transfer restrictions in cases of organizational restructuring. The disposal price was reasonably calculated based on the market closing price as of April 24, 2026, and shares are allotted through in-kind contribution of monetary compensation claims based on the allotment agreement.
The Yokohama Rubber Company, Limited
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