TOKYO, Apr 24 (Pulse News Wire) – Cacco Inc. (4166.T) completed the subscription process for restricted share awards, as decided during its board meeting held on March 27, 2026.
The issuance was part of a performance-based equity compensation plan designed to incentivize key executives. Under this program, the company issued ordinary shares totaling 38,400.
Each share was subscribed at ¥729 per share, resulting in a total amount of ¥28.0 million. The allotment included: - Four directors (excluding audit committee members): 30,000 shares - Three directors who are also audit committee members: 4,400 shares - One executive director: 4,000 shares This issuance aligns with the company's strategy to retain talent through long-term incentives tied to continued employment and performance metrics.
Details of the issuance can be found in the previous announcement dated March 27, 2026.
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