TOKYO, Jun 26 (Pulse News Wire) – Chuo Gyorui CO.,LTD. (8030.T) announced that it will distribute restricted shares to executives on July 24, 2026.
The distribution will involve 8,683 ordinary shares valued at ¥3,455 per share, totaling ¥30.0 million. The shares will be granted to internal executives and non-executive directors who will hold them subject to restrictions until their positions terminate due to retirement or resignation. The purpose of this distribution is to incentivize continued performance and align interests with shareholders.
Each recipient will be bound by a restriction agreement prohibiting transfers during the holding period. Should any executive engage in illegal activities or breach the agreement, the company reserves the right to reclaim the shares without compensation. Additionally, upon completion of the service period defined in the agreement, the restrictions will be lifted, allowing for potential resale of the shares.
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