Shizuoka Financial Group,Inc.
Notice Regarding Disposal of Treasury Stock Related to Employee Incentive Plan (RS Trust)
On May 19, 2026, the company will dispose of 550,000 shares of treasury stock at 2,637.5 yen per share, totaling approximately 1,450,625,000 yen, to continue the employee incentive plan.
Key Figures
- Number of Shares Disposed: 550,000 shares (scheduled for disposal on May 19, 2026)
- Disposal Price: 2,637.5 yen per share (based on closing price on March 30, 2026)
- Total Disposal Amount: 1,450,625,000 yen
AI要約
Overview of Capital Policy
The Board of Directors resolved to dispose of treasury stock related to the employee incentive plan (RS Trust) on May 19, 2026. The number of shares to be disposed is 550,000 shares, at a disposal price of 2,637.5 yen per share, totaling approximately 1,450,625,000 yen. The disposal recipient is Sumitomo Mitsui Trust Bank, Limited (trust account), and this transaction is conducted for the purpose of granting shares to employees as the trustee of the plan.
Impact on Shareholders and Purpose
The scale of dilution due to this treasury stock disposal is minor, estimated at 0.09% of total outstanding shares and 0.10% of total voting rights, and is considered to have a limited market impact. The disposal price is based on the closing price on the Tokyo Stock Exchange as of March 30, 2026, and the Audit and Supervisory Committee has confirmed its reasonableness. This aims to strengthen the linkage between employee compensation and stock value, thereby enhancing corporate value over the medium to long term.
