Okabe Co., Ltd.
Notice of Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, 50,650 shares of treasury stock were disposed of at 970 yen per share, totaling 49,130,500 yen, with the payment for restricted stock compensation completed.
Key Figures
- Number of shares disposed: 50,650 shares
- Disposal price (per share): 970 yen
- Total disposal price: 49,130,500 yen
AI要約
Overview of Treasury Stock Disposal
Okabe Co., Ltd. announced that on April 24, 2026, it disposed of 50,650 shares of treasury stock as restricted stock compensation and completed the payment procedures. The disposal price was 970 yen per share, with a total amount of 49,130,500 yen. The allocation was 17,230 shares to three directors, 31,880 shares to eight executive officers who are not directors, and 1,540 shares to one fellow. Audit & Supervisory Committee members and outside directors were excluded from the allocation.
Impact on Shareholders and Purpose
This transaction involves the disposal of treasury stock as part of a restricted stock compensation plan, serving as an incentive scheme for directors and executive officers. It is not intended for fundraising purposes, and the dilution of shareholder composition is considered limited. Similar disposals of treasury stock under this compensation scheme may continue in the future; details should be referred to in the related notice dated March 27, 2026.
Okabe Co., Ltd.
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