TOKYO, Apr 15 (Pulse News Wire) – Adish CO.,LTD. (7093.T) announced today that its board of directors approved the distribution of restricted shares as part of its incentive program aimed at enhancing long-term corporate value and aligning executive interests with shareholder returns.
The company plans to distribute ordinary shares totaling 26,880 on May 14, 2026, at a price of ¥558 per share, amounting to a total valuation of ¥15.0 million. The shares will be allocated to three directors and four executives, subject to restrictions until their departure from the company. Under the terms of the agreement, the restricted period begins on May 14, 2026, and ends upon the recipient's resignation or loss of designated positions within the company.
During this period, recipients cannot sell, pledge, or otherwise dispose of the shares without approval from the company’s board of directors based on valid reasons for resignation. Additionally, the company reserves the right to acquire the shares free of charge if certain conditions outlined in the agreement are met. Adish CO.,LTD.
Determined the allocation price based on the closing price of the previous trading day prior to the board resolution, ensuring fairness and transparency in the process.
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