Kitagawa Seiki Co.,Ltd.
Notice of Disposal of Treasury Shares as Restricted Stock Remuneration
By resolution of the Board of Directors, disposal of treasury shares under a restricted stock remuneration scheme will be executed for two directors excluding Audit and Supervisory Committee members. On October 28, ordinary shares totaling 5,900 shares were disposed at 3,260 yen per share. The total amount is 19,234,000 yen. The purpose is value sharing with shareholders and enhancing motivation.
Key Figures
- Number of shares disposed: 5,900 shares
- Total disposal amount: 19,234,000 yen
- Amount paid per share: Unknown
AI要約
Overview
At the Board of Directors meeting held on September 29, 2026, the Company resolved to dispose of treasury shares under a restricted stock remuneration scheme. The disposal date is October 28, 2026; the number of shares to be disposed is 5,900 shares; the disposal price is 3,260 yen per share; and the total amount is 19,234,000 yen. The recipients are two directors excluding Audit and Supervisory Committee members, and the allotted shares will be issued or disposed with transfer restrictions.
Purpose and Future Impact
This disposal of treasury shares aims to grant incentives that promote sustainable enhancement of corporate value and to share value with shareholders. Under the restricted stock allotment agreement, transfer restrictions will be lifted if the recipient remains in position and meets prescribed conditions during the specified period; if inappropriate circumstances occur during the period, provisions such as gratuitous reacquisition of the shares are included.
Kitagawa Seiki Co.,Ltd.
Company overview · Stock price · Financial data · All IR
