CAC Holdings Corporation [4725.T]
TOKYO, Mar 26 (Pulse News Wire) – CAC Holdings Corporation (4725.T) announced today that its board of directors approved the disposal of restricted share awards on April 24, 2026. The company will distribute ordinary shares worth up to 77.9 million based on the closing price of its stock on April 23, 2029, which was set at ¥1,832 per share.
This distribution includes granting ordinary shares to 15 recipients who will contribute their cash compensation bonds totaling ¥77.9 million. The total number of ordinary shares granted will be 42,510. Additionally, the company's executive officers and directors, excluding external directors, will receive ordinary shares valued at ¥1,832 per share.
The restricted period for these shares is three years, during which the recipients cannot sell, pledge, or otherwise dispose of the shares without approval from the company’s board. Upon completion of the restricted period, the company reserves the right to acquire any unsold shares at no cost. In addition, the company entered into agreements with Nomura Securities Co., Ltd.
To manage the restricted shares in dedicated accounts held by the recipients throughout the restriction period.
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