CORE to Distribute Restricted Shares to Executives and Managers
TOKYO, Jun 25 (Pulse News Wire) – CORE Corporation (2359.T) resolved to distribute restricted shares to executives and managers to enhance motivation and align interests with shareholders. On June 25,
TOKYO, Jun 25 (Pulse News Wire) – CORE Corporation (2359.T) resolved to distribute restricted shares to executives and managers to enhance motivation and align interests with shareholders. On June 25, 2026, the company will issue ordinary shares worth up to ¥2,030 per share to 36 recipients, totaling ¥31.5 million.
Additionally, on July 24, 2026, shares valued at ¥2,030 per share will be distributed to department heads, amounting to ¥9.9 million. Under the incentive program introduced in May 2018, the restricted shares come with a 30-year holding period. Recipients cannot sell or pledge these shares during this time unless they remain employed by the company continuously.
Upon completion of their tenure, the shares will either vest fully or revert to the company without compensation. The distribution aims to ensure long-term alignment of executive and shareholder interests while promoting corporate value enhancement. Share management will be handled through dedicated accounts managed by Nomura Securities to enforce restrictions effectively.
