{"id":71104,"date":"2026-06-26T16:15:22","date_gmt":"2026-06-26T07:15:22","guid":{"rendered":"https:\/\/japanir.jp\/en\/ir\/3489-20260626-01_wp_share_cancellation\/"},"modified":"2026-06-26T16:15:22","modified_gmt":"2026-06-26T07:15:22","slug":"3489-20260626-01_wp_share_cancellation","status":"publish","type":"ir_release","link":"https:\/\/japanir.jp\/en\/company\/company-3489\/ir\/3489-20260626-01_wp_share_cancellation\/","title":{"rendered":"[Face Network] Share Buyback and Reward System Implementation | June 2026"},"content":{"rendered":"<p>Face Network will dispose of 14,167 shares of treasury stock at 741 yen each on July 17, 2026, as part of a reward system for four directors. The objective is to enhance corporate value and promote shared shareholder value.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"3489","jir_company_name":"Face Network Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2606\u2606","jir_publication_date":"2026-06-26","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/06\/3489-20260626-01.pdf","jir_short_summary":"Face Network will dispose of 14,167 shares of treasury stock at 741 yen each on July 17, 2026, as part of a reward system for four directors. The objective is to enhance corporate value and promote shared shareholder value.","jir_summary":"### Overview of Share Buyback\nFace Network will dispose of 14,167 shares of treasury stock at 741 yen each on July 17, 2026. This transaction is conducted as part of a reward system for directors, based on a restricted stock compensation scheme, aimed at achieving long-term shared shareholder value. The disposal will be carried out at a reasonable price based on the market stock price, and the shares will be managed in a dedicated account with a transfer restriction period of three years.\n\n### Objectives and Future Outlook\nThis disposal aims to incentivize targeted directors and enhance corporate value, facilitating value sharing with shareholders. Procedures are in place should the targeted directors resign during the transfer restriction period, as well as management methods for shares during organizational reorganization, reflecting the intent to strengthen long-term corporate governance.","jir_financial_highlights":"Number of Shares Disposed: 14,167 shares (Unknown)\nDisposal Price: 741 yen (Unknown)\nTotal Amount: 10,497,747 yen (Unknown)","jir_category":"","jir_hashtags":"#FaceNetwork, #ShareBuyback, #JapanStocks","jir_key_figures":"Number of Shares Disposed: 14,167 shares\nDisposal Price: 741 yen\nTotal Amount: 10,497,747 yen","jir_meta_title":"[Face Network] Share Buyback and Reward System Implementation | June 2026","jir_meta_description":"Face Network will dispose of 14,167 shares of treasury stock in July 2026 as part of a reward system for directors, aiming to enhance corporate value and shareholder value sharing.","jir_og_title":"[Face Network] Share Buyback and Reward System Implementation | June 2026","jir_og_description":"Face Network will dispose of treasury stock in July 2026, implementing measures to enhance long-term corporate value and shareholder value sharing.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":57577,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-71104","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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