Innotech Corporation

9880.T
Electronics & Computer Distribution
2026/07/22 Updated
Market Cap: $247.9M (¥40.4B)
Stock Price: $20.60 (¥3,360)
Exchange Rate: 1 USD = ¥163.13

【Inotech】Details of Share Buyback and Incentive System|July 2026

Inotech will dispose of 17,300 shares of treasury stock on August 21, 2026, as part of an incentive system for directors. The disposal price is 3,330 yen per share, totaling approximately 57.6 million yen.

Importance:
Page Updated: July 22, 2026
IR Disclosure Date: July 22, 2026

Key Figures

  • Number of shares disposed: 17,300 shares
  • Disposal price: 3,330 yen per share
  • Total amount: 57,609,000 yen

AI要約

Overview of Disposal

Inotech will dispose of 17,300 shares of treasury stock on August 21, 2026. The disposal price is 3,330 yen per share, with a total amount of approximately 57.6 million yen. This disposal is based on a restricted stock compensation system for directors, aimed at enhancing incentives and sharing value with shareholders. The framework of the system includes a transfer restriction period of five years, and the targeted directors will receive the shares in exchange for cash compensation rights.

Background and Future Outlook of the System

This system was introduced in 2017 and is designed to promote long-term enhancement of corporate value by officers. The current disposal is part of the system, with transfer restrictions set on condition of continued employment as officers, managing stock transfers and restrictions strictly over the period. Going forward, the company will continue to promote shared value between officers and shareholders through this system, aiming for sustainable growth.

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

Inotech Corporation

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