Suzuden Corporation
Notice Regarding Disposal of Treasury Stock as Restricted Stock for Employees
Suzuden Corporation will grant 15,500 shares of its common stock to 150 employees in the form of restricted stock. Payment date is 2026-12-01; maximum allocation per person is 300 shares; payment amount is 3,830 yen per share. The transfer restriction period runs from 2026-12-01 to 2031-11-30 and will be lifted upon achievement of certain conditions. Transfer restrictions may also be lifted in the event of employee resignation, death, etc. Shares will be managed in a dedicated account at Mizuho Securities, and conditions may be relaxed in the case of corporate reorganizations. The allocated shares will be received as contribution by payment of monetary claims.
Key Figures
- Number of Allocated Shares: 15,500 shares
- Payment Date: 2026-12-01
- Allocation Price: 3,830 yen
AI要約
Overview of This Disposal of Treasury Stock
Suzuden Corporation will conduct share allocations to employees based on restricted stock allocation agreements. A total of 15,500 shares will be granted to 150 eligible employees, with monetary claims paid in as consideration. The share price is based on market price, with payment set at 3,830 yen per share. The transfer restriction period runs from 2026-12-01 to 2031-11-30. The allocated shares will be subscribed as cash contributions, and transfer restrictions will be lifted upon satisfaction of certain conditions.
Impact on Shareholders and Future Schedule
Transfer restrictions will be lifted upon expiration of the restriction period, provided employment conditions are maintained. Transfer restrictions may be lifted under specific conditions in the event of corporate reorganizations, and this is positioned as an incentive design to enhance shareholder value. The payment date and share price have been determined, and allocations to eligible employees are scheduled to be executed.
Suzuden Corporation
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