Source disclosure: February 20, 2026
CARE TWENTYONE CORPORATION [2373.T]
TOKYO, Feb 20 (Pulse News Wire) – CARE TWENTYONE CORPORATION (2373.T) resolved to grant restricted shares to its directors through a self-share disposal. The resolution was made during a board meeting held.
Under this plan, the company will issue ordinary shares totaling 15,000 at a price of ¥452 per share, amounting to a total value of ¥6.8 million. These shares will be distributed among three non-outsider directors, totaling 15,000 shares. The purpose of this initiative is to enhance alignment between executive compensation and stock performance, providing incentives for sustainable corporate value growth while fostering greater value-sharing between executives and shareholders. The restricted period for these shares is set at three years, beginning on March 16, 2026, until March 15, 2029.
Additionally, the company will enter into agreements with the directors stipulating conditions such as restrictions on transferring or setting collateral rights on the shares during the restriction period. In cases where a director resigns due to valid reasons or death, the restriction period will be lifted based on their tenure ratio. Should a director violate these conditions, the company reserves the right to acquire the shares. This move follows the introduction of a restricted share award system aimed at improving governance and aligning interests between management and shareholders.
The company received approval for this system at its 27th Annual General Meeting held on January 28, 2021.
AI-translated content. 🟡 Confidence: Standard See terms • Original filing