TOKYO, May 28 (Pulse News Wire) – Anritsu Corporation (6754.T) announced today that its board of directors approved the issuance of restricted shares to employees through its employee shareholding association, Anritsu Group Employee Shareholding Association. The shares will be distributed on August 31, 2026, with a total value of up to ¥116.8 million.
Each share will be priced at ¥4,614 per share, based on the closing price of Anritsu's ordinary shares on the Tokyo Stock Exchange Prime Market on May 27, 2026. The distribution aims to enhance employee engagement and encourage further participation in the shareholding program. The restricted shares will be subject to a holding period until November 20, 2029, during which time transfers and other disposals will be prohibited.
Upon completion of the holding period, the restrictions will be lifted, allowing eligible employees to freely trade their shares. Additionally, Anritsu and the shareholding association will enter into a restricted stock allocation agreement outlining conditions such as mandatory buyback by Anritsu if certain events occur within the restriction period. The agreement also specifies procedures for handling situations where employees leave the association due to retirement or other reasons stipulated in the contract.
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