Kurimoto,Ltd.
Notice Regarding Disposal of Treasury Stock by Third-Party Allotment Accompanying Additional Contributions to Stock Compensation Trust (BBT-RS)
On February 24, 2026, 344,000 shares of treasury stock will be disposed of by third-party allotment at 1,749 yen per share, totaling 601,656,000 yen, as an additional contribution to the stock compensation plan for directors and others.
Key Figures
- Number of shares disposed: 344,000 shares
- Disposal price: 1,749 yen/share
- Total disposal amount: 601,656,000 yen
AI要約
Overview of Capital Policy
Kurimoto, Ltd. has resolved to dispose of 344,000 shares of treasury stock by third-party allotment on February 24, 2026, as an additional contribution to the stock compensation plan 'Stock Compensation Trust (BBT-RS)'. The disposal price is 1,749 yen per share, totaling 601,656,000 yen, with 185,000 shares allocated to six directors (excluding outside directors) and 159,000 shares allocated to 13 executive officers and fellows. This disposal is substantively equivalent to the allocation of shares as compensation for services and is based on a stock compensation plan approved at the general shareholders meeting.
Impact on Shareholders and Procedures
The disposed shares of 344,000 represent approximately 0.54% of the total issued shares of 63,992,450, and the scale of dilution is judged to be reasonable. The disposal price was reasonably determined based on the market price, and the audit & supervisory board has expressed the opinion that the disposal price is not particularly advantageous. Based on the regulations of the Tokyo Stock Exchange, it is not required to obtain opinions from independent third parties or to confirm shareholders’ intentions.
