Wakita & Co.,LTD.
Notice Regarding Disposal of Treasury Stock as Restricted Stock to Employees of Our Subsidiary
On February 16, 2026, 198,000 shares of treasury stock will be disposed of as restricted stock to 990 subsidiary employees at 2,026 yen per share, total amounting to 401,148,000 yen.
Key Figures
- Number of Shares Disposed: 198,000 shares
- Total Disposal Amount: 401,148,000 yen
- Restricted Transfer Period: February 16, 2026 – March 9, 2029
AI要約
Overview of Treasury Stock Disposal
Wakita Co., Ltd. has resolved to dispose of 198,000 shares of its common stock on February 16, 2026, at 2,026 yen per share, for a total of 401,148,000 yen, as restricted stock to 990 employees of the subsidiary who meet certain conditions. This disposal aims to provide incentives to subsidiary employees and share shareholder value. The restricted transfer period is set from February 16, 2026, to March 9, 2029, during which transfer or pledging of the shares is prohibited.
Contents and Purpose of Restricted Stock Allotment Agreement
Under the restricted stock allotment agreement, eligible employees must remain employees of the company or its subsidiary during the restricted period, after which transfer restrictions will be lifted upon expiry. In cases of breach, resignation, death, etc., the company will acquire the shares free of charge. Shares are managed in a dedicated account at Daiwa Securities Co. Ltd., and restrictions may be reasonably lifted in case of organizational restructuring. The disposal price is based on the closing price on January 22, 2026, set as a reasonable price.
