Makita Corporation
Notice Regarding Completion of Payment for Disposal of Treasury Stock Based on Stock Award System with Transfer Restrictions through Employee Stock Ownership Plan and Partial Forfeiture
On March 19, 2026, Makita Corporation disposed of 178,850 shares of treasury stock at 4,443 yen per share under the stock award system with transfer restrictions through the employee stock ownership plan, resulting in a total amount of 794,630,550 yen.
Key Figures
- Number of shares disposed: 178,850 shares (previously 200,150 shares)
- Disposal price: 4,443 yen per share (no change)
- Total disposal amount: 794,630,550 yen (previously 889,266,450 yen)
AI要約
Overview of Treasury Stock Disposal
Makita Corporation disposed of 178,850 shares of treasury stock on March 19, 2026, under the stock award system with transfer restrictions through the employee stock ownership plan. The disposal price was 4,443 yen per share, and the total disposal amount was 794,630,550 yen. This is a decrease from the originally planned 200,150 shares and total 889,266,450 yen. The disposal was conducted by third-party allotment and allotted to the Makita Employee Stock Ownership Plan.
Reason and Background for the Change
The changes in the number of shares disposed and total disposal amount were due to the confirmation of the number of members who agreed to the restricted stock incentive system for the employee stock ownership plan. Based on the board resolution on November 26, 2025, partial forfeiture occurred from the initially planned amount, resulting in a reduced number of shares disposed. This completed the disposal at an appropriate number of shares reflecting the actual incentives granted to employees.
