On April 24, 2026, 11,000 shares of treasury stock will be disposed of as restricted stock compensation to 5 directors at 2,125 yen per share, totaling 23,375,000 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Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-03-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/03\/5110-20260326-01.pdf","jir_short_summary":"On April 24, 2026, 11,000 shares of treasury stock will be disposed of as restricted stock compensation to 5 directors at 2,125 yen per share, totaling 23,375,000 yen.","jir_summary":"### Overview of Disposal of Treasury Stock as Restricted Stock Compensation\nSumitomo Rubber Industries, Ltd. resolved to dispose of 11,000 shares of treasury stock as restricted stock compensation to 5 directors on April 24, 2026, at 2,125 yen per share, totaling 23,375,000 yen. This disposal is based on the restricted stock compensation plan introduced in 2022, aiming to sustainably enhance corporate value and share value with shareholders. The transfer restriction period lasts until the directors' resignation, during which transfers, pledges, and other disposals are restricted.\n\n### Details of Restricted Stock Allotment Agreement and Basis for Payment Amount Calculation\nUnder the restricted stock allotment agreement, the relevant directors are subject to transfer restrictions on the shares until their resignation. If resignation is for justifiable reasons, the transfer restrictions will be lifted; otherwise, or in cases of misconduct, the company will acquire the shares without compensation. Shares are managed in a dedicated account, and special provisions for release of transfer restrictions apply in cases of corporate restructuring. The disposal price is based on the closing price on the business day immediately prior to the board resolution date, representing a reasonable price.","jir_financial_highlights":"Number of Shares Disposed: 11,000 shares (Unknown)\nDisposal Price (per share): 2,125 yen (Unknown)\nTotal Disposal Price: 23,375,000 yen (Unknown)\nNumber of Allottees: 5 persons (excluding directors and outside directors) (Unknown)\nPayment Deadline: April 24, 2026 (Unknown)","jir_category":"","jir_hashtags":"#SumitomoRubberIndustries, #StockOption, #JapaneseStocks","jir_key_figures":"Number of Shares Disposed: 11,000 shares\nDisposal Price (per share): 2,125 yen\nTotal Disposal Price: 23,375,000 yen","jir_meta_title":"Sumitomo Rubber Industries to Dispose of 11,000 Treasury Shares as Restricted Stock Compensation for 23,375,000 Yen","jir_meta_description":"Sumitomo Rubber Industries, Ltd. resolved on April 24, 2026, to dispose of 11,000 treasury shares as restricted stock compensation to 5 directors at 2,125 yen per share, totaling 23,375,000 yen.","jir_og_title":"Sumitomo Rubber Industries Announces Disposal of Treasury Stock Through Restricted Stock Compensation","jir_og_description":"Disposal of 11,000 treasury shares as restricted stock compensation to 5 directors. A measure aimed at enhancing corporate value.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":7748,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"stock_option","footnotes":""},"sector":[],"importance":[],"class_list":["post-36959","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n