Okabe Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, 50,650 shares of treasury stock were disposed of as restricted stock compensation at a total value of 49,130,500 yen. The recipients include 3 directors, 8 executive officers, and 1 fellow.
Key Figures
- Number of shares disposed: 50,650 shares
- Total disposal value: 49,130,500 yen
- Payment date: 2026-04-24
AI要約
Overview of Treasury Stock Disposal
Okabe Co., Ltd. resolved to dispose of 50,650 shares of treasury stock as restricted stock compensation on April 24, 2026. The disposal price is 970 yen per share, totaling 49,130,500 yen. The planned allotment consists of 17,230 shares to 3 directors, 31,880 shares to 8 executive officers who are not directors, and 1,540 shares to 1 fellow.
Purpose of Disposal and Overview of Restricted Stock Compensation Plan
This disposal is based on the restricted stock compensation plan approved by the Board of Directors in February 2021 and the General Meeting of Shareholders in March 2021. It aims to provide mid- to long-term incentives to the eligible directors and executive officers and promote shared value with shareholders. The transfer restriction period spans from the payment date until the resignation or retirement of the recipient, with conditions for lifting transfer restrictions and gratuitous acquisition clauses established. The payment amount is reasonably calculated based on market prices.
