Canon Marketing Japan Inc. [8060.T]
TOKYO, Mar 26 (Pulse News Wire) – Canon Marketing Japan Inc. (8060.T) resolved at its March 26 board meeting to issue equity-based stock options to senior executives and directors.
The options grant 190 new share subscription rights, with 85 allocated to four directors and 105 to nine senior executives. The exercise period runs from April 25, 2026, to April 24, 2056. Each option entitles the holder to purchase 100 shares at a price determined based on the Black-Scholes model on the allocation date, April 24, 2026.
The issuance aims to align executive interests with shareholder value and long-term performance improvement. Exercise conditions are tied to the achievement of consolidated pre-tax earnings targets within the fiscal year of allocation, ranging from 0 to 100%. Exercisable options must be exercised collectively within ten days of the executive losing their position.
Additional restrictions apply for misconduct or unauthorized behavior.
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