Hokuriku Electric Industry Co.,Ltd.
Notice of Share Buyback and Disposal of Treasury Stock with Transfer Restrictions
Hokuriku Electric Industry Co., Ltd. announced a policy to dispose of 4,008 shares of treasury stock to introduce a share-based compensation system for targeted directors, aiming to promote long-term shareholder value sharing.
Key Figures
- Number of Shares Disposed: 4,008 shares
- Disposal Price: 2,488 yen
- Total Disposal Amount: 9,971,904 yen
AI要約
Overview of Disposal
On July 22, 2026, Hokuriku Electric Industry Co., Ltd. disposed of 4,008 shares of treasury stock to five targeted directors through allocation of shares with transfer restrictions. The disposal price was 2,488 yen per share, totaling approximately 9.97 million yen. The purpose of the system implementation is to incentivize directors and promote long-term shareholder value sharing.
Impact on Shareholders and Future Outlook
This disposal of treasury stock does not result in shareholder dilution and is a measure aimed at enhancing long-term shareholder value. The transfer restriction period will continue until the directors resign, aiming to motivate the targeted directors and sustain corporate value. Moving forward, the company will monitor the operation and effects of the system, striving to maximize shareholder value.
Hokuriku Electric Industry Co., Ltd.
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