MTI Ltd.
Notice Regarding New Share Issuance as Restricted Stock Compensation and Cancellation of Treasury Stock
52,400 restricted shares valued at 38,461,000 yen will be issued on 2026-02-20, and the same number of 52,400 treasury shares (0.09% of total issued shares) will be cancelled on the same day.
Key Figures
- Restricted stock shares issued: 52,400 shares
- Total issuance amount: 38,461,000 yen
- Treasury stock shares cancelled: 52,400 shares (0.09% of total issued shares)
AI要約
Issuance of New Shares as Restricted Stock Compensation
MTI Ltd. resolved at the Board of Directors meeting on 2026-01-20 to issue 52,400 common shares as restricted stock compensation to 31 individuals comprising five directors and 26 executive officers. The issuance price is based on the closing price of 734 yen on 2026-01-19, totaling 38,461,000 yen. This scheme aims to enhance the linkage between the remuneration of the eligible officers and the stock value, thereby promoting medium- to long-term business growth and corporate value enhancement. The transfer restrictions period is separated into multiple terms from 2026-02-20 to between 2029-02-28 and 2029-05-31, during which transfer or disposal is prohibited.
Cancellation of Treasury Stock
In conjunction with this new share issuance, 52,400 treasury shares will be cancelled on 2026-02-20. The number of shares cancelled amounts to 0.09% of the total issued shares. The cancellation will be executed pursuant to Article 178 of the Companies Act, thereby suppressing dilution of the total number of issued shares and maintaining shareholder value.
