Airman Sets Share Price for Employee Restricted Stock Awards
TOKYO, Aug 06 (Pulse News Wire) – Airman Corporation (6364.T) has determined the price for restricted stock awards granted to employees based on resolutions made at the board meeting held on July 30, 2026. According to the decision, the company will issue ordinary shares totaling 4,127 at a price of ¥2,720 per share, resulting in a total value of ¥11.2 million.
The determination of the share price was based on considerations to protect existing shareholders' interests and ensure fairness. Specifically, the higher closing price between the day prior to the resolution date and the condition determination date was chosen.
The resolution date's previous trading day closed at ¥1,973, while the condition determination date's previous trading day closed at ¥2,720; thus, the final price set was ¥2,720. This method ensures a fair and reasonable approach without favoring the employees excessively.
