King Jim Co., Ltd.
Notice of Disposal of Treasury Stock as Stock Compensation for Directors and Senior Executive Officers
A resolution was passed to dispose of treasury stock as part of a restricted stock compensation plan. The recipients are four directors and two senior executive officers, payment date is 2026-11-13, total disposed shares are 30,020 shares, total amount is 23,385,580 yen. The allocation will be made by contributing stock compensation claims as in-kind contribution, with the per-share price set at 779 yen.
Key Figures
- Number of shares disposed: 30,020 shares
- Total amount: 23,385,580 yen
- Share price: 779 yen/share
AI要約
Overview
King Jim Co., Ltd. resolved at the Board of Directors meeting held today to dispose of treasury stock to four directors and two senior executive officers as part of a restricted stock compensation plan. The payment date is 2026-11-13, total shares to be disposed are 30,020 shares, total disposal amount is 23,385,580 yen, and the disposal price per share is set at 779 yen.
Allottees and Conditions
The allottees are directors and senior executive officers, and the allocated shares will be provided as in-kind contribution property. The transfer restriction period runs from the grant date until the date the recipient loses their position as a director or senior executive officer of the Company. Conditions for lifting the transfer restrictions include continuous service during the service provision period and retention of the position; there are exception provisions for certain corporate reorganizations.
King Jim Co., Ltd.
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