Makita Corporation

6586.T
Tools & Accessories
2026/03/03 Updated
Market Cap: $10.2B (¥1.6T)
Stock Price: $38.73 (¥6,052)
Exchange Rate: 1 USD = ¥156.25

Notice Regarding Disposal of Treasury Stock as Restricted Shares for Employees

On March 30, 2026, 3,513 shares of treasury stock were disposed of as restricted shares to 24 managerial employees at a total value of 21,225,546 yen.

Importance:
Page Updated: February 25, 2026
IR Disclosure Date: February 25, 2026

Key Figures

  • Number of Shares Disposed: 3,513 shares
  • Disposal Price (per share): 6,042 yen
  • Total Disposal Amount: 21,225,546 yen

AI要約

Outline of Capital Policy

On March 30, 2026, the Company resolved to dispose of 3,513 shares of treasury stock as restricted shares to 24 managerial employees. The disposal price is 6,042 yen per share, totaling 21,225,546 yen. The eligible employees will subscribe to the shares by contributing monetary claims granted to them as in-kind capital contribution. The transfer restrictions will continue until the employees leave the Company or its subsidiaries, and provisions on conditions for lifting transfer restrictions and forfeiture are also established.

Impact and Purpose for Shareholders

This disposal is intended to sustainably enhance corporate value and share value with shareholders, serving as an incentive to encourage mid- to long-term employment of employees. The disposal price is reasonably set based on the closing price on February 24, 2026, and does not provide a particularly advantageous price to the recipients. The restricted share allocation agreement clearly defines the management of the shares and conditions for removing transfer restrictions.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.