Nagoya Railroad Co., Ltd.

2026/07/24 Updated
Market Cap: $2.3B (¥371.8B)
Stock Price: $11.56 (¥1,896)
Exchange Rate: 1 USD = ¥163.93

Resolution to Dispose of treasury stock|July 24, 2026

Nagoya Railroad resolved to dispose of 98,429 shares of treasury stock to directors and employees at 1,895.5 yen per share on August 21, 2026, totaling approximately 186.57 million yen. The objective is to provide incentives to officers and employees and to enhance corporate value.

Importance:
Page Updated: July 24, 2026
IR Disclosure Date: July 24, 2026

Key Figures

  • Number of shares disposed: 98,429 shares
  • Disposal amount: 186,572,175 yen
  • Price per share of disposal amount: 1,895.5 yen

AI要約

Overview of Capital Policy

Nagoya Railroad resolved to dispose of 98,429 shares of treasury stock to directors and employees on August 21, 2026. The disposal price is 1,895.5 yen per share, with a total amount of approximately 186.57 million yen. The purpose is to provide incentives to officers and employees and to sustainably improve corporate value. A temporary report based on the Financial Instruments and Exchange Act has also been submitted.

Background of the Disposal and Future Outlook

This disposal is part of an incentive system aimed at enhancing Nagoya Railroad's corporate value and sharing shareholder value. The disposed shares are managed with transfer restrictions, and provisions for解除 restrictions and free acquisition apply when officers or employees lose their positions or during corporate restructuring. The company intends to continue promoting capital policies that focus on sustainable growth and shareholder returns.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Nagoya Railroad Co., Ltd.

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