NITTAN Corporation
Notice on the Completion of Payment for the Transfer of Treasury Stock as Restricted Stock
Payment completion for treasury stock transfer. Targeted at 5 internal directors, 25,633 shares were transferred at 483 yen per share, total amounting to 12,380,739 yen.
Key Figures
- Number of shares transferred: 25,633 shares
- Transfer price: 483 yen per share
- Total transfer value: 12,380,739 yen
AI要約
Overview
Today, we announced that the payment procedures for the transfer of treasury stock as restricted stock compensation have been completed. 25,633 shares were allocated to five directors (excluding outside directors), totaling 12,380,739 yen. The allocation method involved allocating specific restricted stock, with payment in cash by contribution of monetary remuneration receivables in kind. The recipients are all within the company’s directors, approximately 3 to 5 individuals, and the number of allocated shares has been fixed in one lump sum.
Impact on investors and future
This is a stock transfer as compensation, so dilution will occur, but the short-term cash flow impact is limited. The relationship with future personnel-related measures and shareholder return policy is unknown. Note that details can be found in the notice dated July 7, 2026.
NITTAN Co., Ltd.
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