TOKYO, Mar 25 (Pulse News Wire) – C.uyemura & CO.,LTD. (4966.T) completed the issuance of restricted share incentives to its employee stock ownership plan.
Initially planned for 604 shares, the number was reduced to 501 shares due to changes in member agreement. Each share was issued at ¥18,840 per share, resulting in a total issuance amount of ¥9.4 million.
The decision to adjust the number of shares and total value was made following the conclusion of promotional activities aimed at encouraging employees to join the ESOP. As a result, fewer members agreed to participate in the restricted share incentive program compared to initial expectations.
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