Pietro Corporation announced that on August 7, 2026, it will dispose of 21,280 shares of treasury stock at 1,762 yen per share and will introduce a scheme aimed at providing incentives to 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Corporation","jir_importance":"\u2605\u2605\u2606\u2606\u2606","jir_publication_date":"2026-07-17","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/07\/2818-20260717-01.pdf","jir_short_summary":"Pietro Corporation announced that on August 7, 2026, it will dispose of 21,280 shares of treasury stock at 1,762 yen per share and will introduce a scheme aimed at providing incentives to executives.","jir_summary":"### Disposal Details and Purpose\nPietro Corporation will dispose of 21,280 shares of treasury stock to five executives at 1,762 yen per share on August 7, 2026. This disposal is based on the share-based compensation scheme with transfer restrictions introduced in 2019, aiming to enhance executive motivation and share value sharing among shareholders. The disposal price is determined based on the closing price on the Tokyo Stock Exchange, and the restriction period is set to 20 years. The scheme details include conditions for\u89e3\u9664 of transfer restrictions and provisions for handling during corporate reorganizations.\n\n### Scheme Details and Future Outlook\nThis scheme allows targeted executives to acquire shares through physical contribution, with transfer and collateralization restrictions during the restriction period. The\u89e3\u9664 of restrictions occurs in accordance with the executives' tenure, and upon resignation, some shares are\u89e3\u9664 based on a predetermined calculation formula. The company intends to monitor the operation and effects of the scheme to promote long-term\u5229\u76ca sharing between shareholders and executives and to enhance corporate value.","jir_financial_highlights":"Number of shares disposed: 21,280 shares (unknown)\nDisposal amount: 37,495,360 yen (unknown)\nRestriction period: 20 years (unknown)","jir_category":"","jir_hashtags":"#Pietro, #TreasuryStockDisposal, #ShareholderValueImprovement","jir_key_figures":"Number of shares disposed: 21,280 shares\nDisposal amount: 37,495,360 yen\nRestriction period: 20 years","jir_meta_title":"[Pietro] Disposal of treasury stock and Long-Term Incentive Scheme Introduction | July 2026","jir_meta_description":"Pietro Corporation announced the disposal of 21,280 shares of treasury stock and the introduction of a long-term incentive scheme for executives. This document explains the scheme overview and purpose.","jir_og_title":"[Pietro] Treasury Stock Disposal and Scheme Introduction | July 2026","jir_og_description":"Pietro plans to dispose of treasury stock in August 2026 and introduces a long-term incentive scheme. Details and future outlook are outlined.","jir_og_image_url":"\/assets\/og\/company-general_ir.jpg","jir_chart_data_collection":"[]","ir_related_company":58671,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"share_cancellation","footnotes":""},"sector":[],"importance":[],"class_list":["post-82364","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n