Sinfonia Technology Co.,Ltd.
Notice Regarding Disposal of Treasury Stock in Connection with Additional Contribution to Performance-Linked Stock Compensation Plan
On February 24, 2026, 14,800 shares of treasury stock will be disposed of at 10,740 yen per share, totaling 158,952,000 yen, to be allocated for additional contributions to the performance-linked stock compensation plan.
Key Figures
- Number of Shares Disposed: 14,800 shares (scheduled for disposal on February 24, 2026)
- Disposal Price: 10,740 yen per share (closing price on the business day prior to Board resolution)
- Total Disposal Amount: 158,952,000 yen (for additional contribution to performance-linked stock compensation plan)
AI要約
Overview of Treasury Stock Disposal
Symphony Technology Co., Ltd. resolved at the Board of Directors meeting on February 6, 2026, to dispose of 14,800 shares of treasury stock at 10,740 yen per share on February 24, 2026. The disposal recipient is The Nomura Trust and Banking Co., Ltd. (Trust Account E), with a total amount of 158,952,000 yen. This disposal will be used as an additional contribution for stock grants to directors and executive officers under the performance-linked stock compensation plan "Stock Grant Trust (BBT)".
Purpose of Disposal and Impact on Shareholders
This treasury stock disposal is conducted to continue operating the performance-linked stock compensation plan introduced by resolution at the annual general meeting of shareholders on June 27, 2019. The number of shares disposed corresponds to 0.05% of total outstanding shares, and the level of dilution is considered reasonable. The disposal price is based on the closing price on the business day prior to the Board resolution and is set at a fair value, taking into account the maintenance of shareholder value.
