TOKYO, May 27 (Pulse News Wire) – Aeon CO.,LTD. (8267.T) has decided to issue stock options to its executives and group company presidents as part of their compensation package for fiscal year 2026.
The board approved the issuance of up to 6,372 units of stock options during the meeting held. Under this program, each option grants the right to purchase 100 shares of common stock at an exercise price of ¥1. The options will be exercisable from July 21, 2027 to July 20, 2042. Executives must remain in their positions until the end of the exercise period, except those who retire within five years, who retain the right to exercise their options. AEON plans to allocate 3,972 units to its 13 executive directors and 2,400 units to 37 group company presidents.
The exercise price will be based on the fair value of the shares on the grant date. Any unexercised options will expire upon the expiration of the exercise period or if the executive leaves their position more than five years prior to the expiry date. In addition, the company outlined conditions under which it could acquire outstanding options without payment, such as significant violations of laws or internal regulations, criminal convictions, unauthorized competition, dismissal, or death of the holder. The options cannot be transferred or used as collateral, and upon the death of the holder, rights pass only to a designated successor. This decision was made by the remuneration committee for executive directors and by the board of directors based on the committee's recommendation for group company presidents.
The grant date for the options is set for June 21, 2027.
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