NICHIDEN Corporation

9902.T
Industrial Distribution
2026/08/24 Updated
Market Cap: $555.2M (¥88.4B)
Stock Price: $19.06 (¥3,035)
Exchange Rate: 1 USD = ¥159.24

【Niden】Share Buyback and Introduction of Shareholder Incentive Program|June 2026

Niden will sell 12,800 treasury shares on July 17, 2026, raising a total of 32.51 million yen. The company is implementing a long-term incentive scheme for directors and executive officers to share value with shareholders.

Importance:
Page Updated: June 19, 2026
IR Disclosure Date: June 19, 2026

Key Figures

  • Number of Shares Sold via Share Buyback: 12,800 shares
  • Sale Price: 2,540 yen
  • Total Amount: 32,510,000 yen

AI要約

Details and Purpose of the Buyback

Niden will sell 12,800 treasury shares on July 17, 2026, raising a total of 32.51 million yen. This sale is part of a restricted stock compensation scheme aimed at providing long-term incentives to directors and executive officers. The sale price is set at 2,540 yen, based on market stock prices, to promote value sharing between shareholders and officers.

Overview of the Scheme and Future Outlook

The newly introduced long-term incentive scheme grants restricted stocks with a 30-year holding period to eligible officers, with transfer restrictions解除ed upon continued employment. This aims to encourage officers' commitment to enhancing corporate value and share long-term benefits with shareholders. Details of the scheme will be implemented following approval at the upcoming general shareholders' meeting.

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

Niden Corporation

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