Nitta Corporation
[Nitta] Share Buyback and Executive Incentives ｜ June 2026
Nitta will dispose of 6,203 shares of treasury stock on July 24, 2026, and implement a system to provide incentives to executives. The disposal price is 6,230 yen per share, totaling 38,644,690 yen.
Key Figures
- Number of shares disposed: 6,203 shares
- Disposal amount: 38,644,690 yen
- Price per share of disposal amount: 6,230 yen
AI要約
Overview of the Disposal
Nitta will dispose of 6,203 shares of treasury stock on July 24, 2026. The disposal price is 6,230 yen per share, with a total of 38,644,690 yen. The disposal is conducted to provide incentives to executives, based on a restricted transfer system. The shares are restricted from transfer or collateral placement until the retirement or resignation of the officers, with restrictions lifted after the period expires.
Purpose and Background
This system was introduced in 2019 to enhance long-term corporate value and share value sharing with shareholders. The current disposal involves granting cash-based incentive rights to four executives and two executive officers, with the capital contribution of the rights' assets, aiming to strengthen incentives based on the officers' responsibilities and performance. The disposed shares are restricted from transfer and will be acquired by the company free of charge after the restrictions expire.
Nitta Corporation
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