Source disclosure: January 30, 2026
CTI Engineering Co., Ltd. [9621.T]
TOKYO, Jan 30 (Pulse News Wire) – CTI Engineering CO.,LTD. (9621.T) announced today that its board of directors resolved to distribute own shares to the Construction Technology Research Institute Employees' Shareholding Association through a third-party allotment method.
The distribution is set to occur on July 20, 2026, involving up to 59,500 ordinary shares at a price of ¥2,959 per share, totaling up to ¥176.1 million. This initiative aims to create opportunities for employees to hold company stock, fostering a shareholder mindset and promoting value-sharing with existing shareholders while supporting employee asset formation. The number of shares distributed will depend on the number of participating employees who agree to join the incentive scheme.
The company plans to disclose the final figures promptly once determined. The dilution impact is considered minor, amounting to approximately 0.21% percent relative to the total outstanding shares as of December 31, 2025, and around 0.22% percent concerning the total voting rights as of the same date. The distribution price was calculated based on the closing price of CTI Engineering's shares on the Tokyo Stock Exchange on January 29, 2026, which was deemed reasonable by the board members, including four attending audit committee members, two of whom are outside auditors.
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