Sanwa Holdings Corporation

5929.T
Building Products & Equipment
2026/04/02 Updated
Market Cap: $4.8B (¥766.5B)
Stock Price: $22.97 (¥3,646)
Exchange Rate: 1 USD = ¥158.73

Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation

On April 28, 2026, 35,701 shares of treasury stock (totaling 126,274,437 yen) were disposed of as restricted stock compensation to subsidiary directors and executive officers.

Importance:
Page Updated: April 1, 2026
IR Disclosure Date: April 1, 2026

Key Figures

  • Number of Shares Disposed: 35,701 shares
  • Disposal Price (per share): 3,537 yen (closing price on 2026-03-31)
  • Total Disposal Amount: 126,274,437 yen

AI要約

Overview of Treasury Stock Disposal

Sanwa Holdings Corporation resolved at its board meeting on April 1, 2026, to dispose of 35,701 shares of treasury stock as restricted stock compensation. The disposal price is 3,537 yen per share, totaling 126,274,437 yen. The allocation is planned as 14,870 shares to five directors of the subsidiary Sanwa Shutter Industry and 20,831 shares to 12 executive officers. The payment due date is April 28, 2026.

Purpose and Details of the Restricted Stock Compensation Plan

This plan was introduced in 2021 aiming at sustainable corporate value enhancement and value sharing with shareholders. The current disposal is conducted to boost motivation among subsidiary directors and executive officers. The transfer restriction period applies from the payment due date until loss of position. Conditions for lifting transfer restrictions, free acquisition clauses, and stock management methods are detailed. The disposal price is reasonably determined based on market prices.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.