Noritsu Koki Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, Noritzu Steel Co., Ltd. will dispose of 30,768 shares of treasury stock (total disposal amount of JPY 65,997,360) as restricted stock compensation to two directors and two executive officers.
Key Figures
- Number of shares disposed: 30,768 shares (disposed as restricted stock compensation)
- Total disposal amount: JPY 65,997,360 (based on closing price on March 25, 2026)
- Disposal date: 2026-04-24
AI要約
Overview of Treasury Stock Disposal
Noritzu Steel Co., Ltd. resolved at the Board of Directors meeting to dispose of 30,768 shares of treasury stock (total disposal amount of JPY 65,997,360) as restricted stock compensation on April 24, 2026. The recipients are two directors receiving 27,972 shares and two executive officers receiving 2,796 shares. The disposal price is based on the closing price of JPY 2,145 on March 25, 2026, on the Tokyo Stock Exchange.
Purpose and Details of the Restricted Stock Compensation Plan
This disposal is part of the restricted stock compensation plan introduced in February 2021, granted to eligible directors and executive officers with the aim of sustainable enhancement of corporate value and sharing value with shareholders. The transfer restriction period is from the disposal date until immediately after the officers’ resignation, with conditions for lifting transfer restrictions and provisions for forfeiture stipulated in the contract.
