TOKYO, Jun 26 (Pulse News Wire) – Celm,inc. (7367.T) announced the distribution of restricted shares to executives.
The company will distribute ordinary shares totaling 65,578 on July 17, 2026, at a price of ¥340 per share, resulting in a total value of ¥22.3 million. The shares will be distributed to eight non-audit committee directors and non-executive officers who will hold them for five years until July 17, 2031. Under the restricted stock compensation program introduced in May 2023, eligible executives received cash awards up to ¥20 million annually and were granted up to 120,000 ordinary shares subject to restrictions.
The program aims to incentivize long-term growth and align interests with shareholders. Each recipient must hold their allocated shares without transferring or setting collateral rights during the restriction period. In addition, the company will purchase unrestricted shares at no cost upon expiration of the restriction period or earlier under certain conditions, such as retirement due to term completion, age, or death.
Shares held during organizational restructuring events will also be managed according to predefined rules.
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