Nippon Avionics Co., Ltd.
[Japan Avionics] Disposal of Treasury Stock and Stock Grant System for Directors | June 2026
Japan Avionics has resolved to dispose of a total of 2,983 shares as restricted stock transfer to two directors and three executive officers, with an amount of approximately 15.98 million yen. The announcement also includes the introduction of a stock grant system and stock split.
Key Figures
- Number of Shares Disposed: 2,983 shares
- Disposal Amount: 15,988,880 yen
- Payment Price (per share): 5,360 yen
AI要約
Overview of Capital Policy
Japan Avionics has resolved to dispose of 2,983 shares as restricted stock to its directors and executive officers. The disposal price is 5,360 yen per share, totaling approximately 15.99 million yen. The disposal will be executed on July 16, 2026, as part of the system introduction. The purpose is to provide incentives to officers and enhance corporate value, with the number of granted shares adjusted in conjunction with the stock split.
Details of the System and Future Outlook
This system involves the eligible participants contributing monetary compensation rights in kind, with restrictions on transfer or collateral setting during the restriction period. The restrictions will continue during the officers' tenure and are expected to be lifted under certain conditions. The system aims to strengthen officers' stockholding and commitment to increasing corporate value, contributing to long-term management stability.
Japan Avionics Corporation
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