Kanaden Corporation
Notice of Disposition of Treasury Stock as Stock Compensation Granted to Directors
The company granted 14,494 shares of common stock as treasury stock to four directors as stock compensation with performance-based 7,247 shares and condition-based 7,247 shares. Allocation date: August 25, 2026. Total disposition value: 35,524,794 yen. Restriction period runs from allocation date to the date of the ordinary general meeting for the 2029 fiscal year.
Key Figures
- Total disposition value: 35,524,794 yen
- Allocated shares: 14,494 shares
- Performance-based shares: 7,247 shares / Condition-based shares: 7,247 shares
AI要約
Overview
In today's board meeting, a resolution to dispose of treasury stock free of charge under the restricted stock compensation system for directors was announced. The allocation is to four target directors, allotting 14,494 shares, with 7,247 shares each of performance-based restricted stock and condition-based restricted stock. Allocation date: August 25, 2026. Total disposition value: 35,524,794 yen (based on closing price).
Background and details of the system
This system grants shares to the targeted directors in consideration for their duties, with a restrictions period, and restrictions are解除ed when specific conditions are met. The performance-based portion corresponds to progress toward the mid-term plan, while the condition-based portion解除s when the conditions are satisfied. Details include pro rata treatment if a director resigns during the period and free acquisition at the expiration date, among other operational rules.
Kanaden Co., Ltd.
Company overview · Stock price · Financial data · All IR
