TOKYO, Jun 19 (Pulse News Wire) – ALBIS Co.,Ltd. (7475.T) announced today that its board of directors approved the disposal of restricted shares as part of a long-term incentive program.
The shares will be distributed on July 10, 2026, with each share valued at ¥2,440. The total amount of the distribution is ¥9.2 million, covering three directors and three executives. Under the program, which was approved by shareholders in June 2023, the company plans to grant restricted shares to eligible directors and executives over the next two fiscal years.
The restricted period lasts until the recipient leaves their position as either a director or executive. During this time, recipients cannot sell, pledge, or otherwise dispose of the shares without valid reasons recognized by the board. In addition, the company will manage the restricted shares through SMBC Nikko Securities, ensuring they remain untouched until the restrictions expire.
If significant organizational changes occur during the restriction period, such as mergers or spin-offs, some restrictions may be lifted earlier based on the specifics of the transaction.
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