Okabe Co., Ltd.
Notice of Disposal of Treasury Shares as Employee Incentive Plan
Resolved to dispose of treasury shares as an employee incentive plan. Number of shares to be disposed: 43,500 shares; disposal price: 913 yen; total amount: 39,715,500 yen. Disposal date: November 19, 2026; transferee: The Master Trust Bank of Japan, Ltd. Dilution is approximately 0.10%, and market impact is expected to be minimal.
Key Figures
- Number of shares to be disposed: 43,500 shares
- Disposal price: 913 yen
- Total disposal amount: 39,715,500 yen
AI要約
Overview
Okabe Co., Ltd. approved at the Board of Directors meeting the disposal of treasury shares as part of an employee incentive plan. The subject is 43,500 ordinary shares at a disposal price of 913 yen per share, totaling 39,715,500 yen. The disposal is scheduled for November 19, 2026, to The Master Trust Bank of Japan, Ltd., Stock Grant ESOP Trust Account. Dilution will remain approximately 0.10%, and the impact on the stock market is expected to be minimal.
Impact on Shareholders and Background
This treasury share disposal is a measure associated with the continuation of the ESOP trust, aimed at enhancing employee benefits and improving corporate value over the medium to long term. The price was set based on the market closing price immediately prior to the Board resolution (closing price 913 yen), and it was determined reasonably with the agreement of 2 out of 3 members of the Independent Audit Committee.
Okabe Co., Ltd.
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