Shizuoka Gas Co., Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
Resolved to dispose of 53,190 shares of treasury stock at 1,514 yen per share, totaling 80,529,660 yen, as restricted stock compensation to three directors and nine executive officers on April 20, 2026.
Key Figures
- Number of shares disposed: 53,190 shares
- Disposal price (per share): 1,514 yen (closing price on March 25, 2026)
- Total disposal amount: 80,529,660 yen
- Payment due date: 2026-04-20
- Number of assignees: 3 directors, 9 executive officers
AI要約
Overview of Disposal of Treasury Stock as Restricted Stock Compensation
Shizuoka Gas Co., Ltd. resolved at the Board of Directors meeting to dispose of 53,190 shares of its treasury stock as restricted stock compensation. The disposal price is set at 1,514 yen per share, which was the closing price on March 25, 2026, totaling 80,529,660 yen. The recipients are three directors and nine executive officers, with transfer restrictions applying from the grant date until resignation.
Purpose of Disposal and Outline of the Restricted Stock Compensation Plan
This disposal is based on the restricted stock compensation plan approved at the shareholders' meeting on March 26, 2021, aiming to enhance the willingness of directors and executive officers to contribute to improving corporate value. Assignees acquire shares by contributing monetary claims in kind, with restrictions on transfer of shares during the restricted period. Conditions for lifting transfer restrictions and provisions for free acquisition are also detailed.
