On April 24, 2026, a resolution was passed to dispose of 4,800 shares of treasury stock at 5,850 yen per share, totaling 28,080,000 yen, to four Company directors as restricted stock 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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\/9672-20260326-01.pdf","jir_short_summary":"On April 24, 2026, a resolution was passed to dispose of 4,800 shares of treasury stock at 5,850 yen per share, totaling 28,080,000 yen, to four Company directors as restricted stock compensation.","jir_summary":"### Overview of Treasury Stock Disposal\nTokyo City Keiba Co., Ltd. resolved on April 24, 2026, to dispose of 4,800 shares of treasury stock at 5,850 yen per share, totaling 28,080,000 yen, to four Company directors as restricted stock compensation under the restricted stock compensation system. This disposal is based on the Board of Directors resolution dated February 14, 2024, and the approval at the shareholders meeting held on March 28, 2024. The purpose is to provide incentives for the relevant directors to enhance corporate value and to share value with shareholders.\n\n### Details of the Restricted Stock Allotment Agreement and Impact on Shareholders\nThe transfer restriction period is 30 years, during which the shares cannot be transferred or pledged. The lifting of transfer restrictions is conditioned on the directors\u2019 continuous holding of certain positions, and in cases of legal violations or other misconduct, the Company will reacquire the shares without compensation. The shares are managed in a dedicated account at Nomura Securities and the disposal price is based on the market closing price, not offering any preferential terms. This disposal is part of the restricted stock compensation plan aimed at medium- to long-term sharing of shareholder value.","jir_financial_highlights":"Number of shares disposed: 4,800 shares (Unknown)\nDisposal price (per share): 5,850 yen (Unknown)\nTotal disposal amount: 28,080,000 yen (Unknown)\nTransfer restriction period: 30 years (April 24, 2026 \u2013 April 24, 2056) (Unknown)","jir_category":"","jir_hashtags":"#TokyoCityKeibaCoLtd, #TreasuryStockDisposal, #RestrictedStockCompensation","jir_key_figures":"Number of shares disposed: 4,800 shares (restricted stock)\nDisposal price: 5,850 yen per share (based on closing price on March 25, 2026)\nTotal disposal amount: 28,080,000 yen (total amount granted to four directors)","jir_meta_title":"Tokyo City Keiba Co., Ltd. to Dispose of 4,800 Treasury Shares as Restricted Stock Compensation for 28,080,000 Yen","jir_meta_description":"Tokyo City Keiba Co., Ltd. resolved on April 24, 2026, to dispose of 4,800 treasury shares to four directors as restricted stock compensation at 5,850 yen per share, totaling 28,080,000 yen. The transfer restriction period is 30 years.","jir_og_title":"Tokyo City Keiba Co., Ltd. Announces Disposal of Treasury Stock as Restricted Stock Compensation","jir_og_description":"Tokyo City Keiba Co., Ltd. will dispose of 4,800 treasury shares to four directors as restricted stock compensation totaling 28,080,000 yen. The transfer restriction period is 30 years.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":9116,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_buyback","footnotes":""},"sector":[],"importance":[],"class_list":["post-36995","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n