Shibaura Machine Co.,Ltd.
Notice Regarding the Disposition of Treasury Stock as Share-based Compensation with Restricted Stock
Resolved the disposal of treasury stock for both time-based and performance-based restricted stock awards. Payment due date: 2026/7/17. Total disposed shares: 7,253 shares for time-based, 1,939 shares for performance-based. Discretionary targets: directors and executive officers. Disposition price per share: 4,560 yen. Aggregate: 33,073,680 yen and 8,841,840 yen. Sets restrictions on transfer, unlock conditions, free acquisition, stock management, and handling in organizational restructuring. Objective: sustainable improvement of corporate value and alignment of shareholder value.
Key Figures
- Total disposed shares (time-based): 7,253 shares
- Total disposed shares (performance-based): 1,939 shares
- Disposition price per share: 4,560 yen
AI要約
Overview of this matter
Shibaura Machine resolved the disposal of treasury stock as part of a share-based compensation program at the Board of Directors meeting on June 30, 2026. Two grant agreements were entered for time-based and performance-based restricted stock awards, targeting directors and executive officers, with payment due date set at 2026/7/17. The number of disposed shares and allotments I and II are defined, detailing transfer restrictions, unlocking conditions, free acquisition, management of shares, and handling in case of organizational restructuring.
Impact on shareholders and outlook
The program aims to enhance long-term corporate value and align shareholder value, featuring incentive design linked to the responsibilities of the targeted directors. It imposes restrictions on share trading during the transfer restrict period, unlocks restrictions upon expiration, and provides for free acquisition under certain circumstances. When organizational changes are approved, the disposition restriction unlock and free acquisition handling are clarified, aiming to strengthen corporate governance and improve medium- to long-term linkage to performance.
Shibaura Machine Co., Ltd.
Company overview · Stock price · Financial data · All IR
