BuySell Technologies Co.,Ltd. [7685.T]
TOKYO, Mar 26 (Pulse News Wire) – Buysell Technologies CO.,LTD. (7685.T) announced today that its board of directors has approved the issuance of restricted shares as part of its equity compensation plan.
The issuance is scheduled for April 20, 2026, with the total number of ordinary shares being 4,000. Each share will be issued at a price of ¥3,095 per share, resulting in a total issue amount of ¥12.4 million. This issuance follows the company's decision to implement a restricted stock award program aimed at aligning executive compensation with shareholder value and promoting long-term growth. The program was initially approved by the board on February 14, 2022, and subsequently ratified by shareholders during the regular general meeting held on March 23, 2022.
Under this scheme, executives will receive cash compensation bonds totaling ¥12.4 million as consideration for receiving restricted shares. The restricted shares will be subject to a three-year holding period from the grant date until April 19, 2029. Additionally, the company noted that the issuance will occur post a planned two-for-one stock split effective April 1, 2026. As such, the number of shares and their respective prices reflect the adjusted figures based on the anticipated split ratio.
🟡 Confidence: Standard AI-translated content.