Senshu Electric Co.,Ltd.
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On March 26, 2026, a resolution was made to dispose of 9,300 shares of treasury stock at 6,420 yen per share, totaling 59,706,000 yen, as restricted stock compensation to seven directors.
Key Figures
- Shares Disposed: 9,300 shares
- Disposal Price (per share): 6,420 yen (based on closing price on February 26, 2026)
- Total Disposal Amount: 59,706,000 yen
AI要約
Overview of Treasury Stock Disposal
Senshu Electric Co., Ltd. resolved on March 26, 2026, to dispose of 9,300 shares of treasury stock to seven directors as restricted stock compensation under the restricted stock compensation plan, at a price of 6,420 yen per share, totaling 59,706,000 yen. This disposal is implemented to provide incentives to directors to promote sustainable enhancement of corporate value and to foster shared value with shareholders. The transfer restriction period is set at 30 years and will be managed under a restricted stock allocation agreement.
Details of the Restricted Stock Allocation Agreement and the Basis for Disposal Price Calculation
The transfer restriction period will be 30 years, from March 26, 2026, to March 25, 2056, during which transfers and pledges are prohibited. Release of transfer restrictions is conditioned on the continuous service of the directors, with a proportional release upon resignation corresponding to the length of service. The disposal price is based on the closing price on the Tokyo Stock Exchange as of February 26, 2026, at 6,420 yen per share, representing a reasonable price that is not particularly advantageous to the targeted directors.
