AVAL DATA Completes Restricted Share Issuance for Executive Compensation
TOKYO, Aug 07 (Pulse News Wire) – Aval Data Corporation (6918.T) completed the issuance of restricted shares as part of executive compensation on August 07, 2026. The transaction involved the distribution of ordinary shares totaling 4,500.
Each share was issued at a price of ¥3,190, resulting in a total issuance value of ¥14.4 million. The restricted shares were distributed among four non-audit committee directors and four audit committee directors.
The issuance was approved during the board meeting held on July 10, 2026. For more detailed information, refer to the July 10, 2026, press release titled “Notice Regarding the Disposal of Own Shares as Restricted Stock Compensation.” This issuance is aimed at incentivizing executives while adhering to regulatory requirements for restricted stock awards.
The completion of the transaction marks another step in Aval Data's ongoing efforts to align executive interests with shareholder value.
