Dai Nippon Printing Co.,Ltd. [7912.T]
TOKYO, Jun 26 (Pulse News Wire) – Dai Nippon Printing CO.,LTD. (7912.T) announced plans to repurchase shares for its executives on July 24, 2026.
The company will repurchase ordinary shares worth ¥2,819 per share, totaling ¥182.2 million. The shares will be distributed among eight directors and 26 executive officers, amounting to 64,618 shares in total. This repurchase follows a decision made during the board meeting held. The move is part of a restricted stock compensation program introduced in May 2022 to incentivize long-term value creation and enhance shareholder alignment.
Under this program, eligible executives received cash awards up to ¥300 million annually and could exchange these for company shares subject to vesting conditions tied to tenure and performance metrics. The repurchased shares will be subject to restrictions until the executives either resign or retire from their positions within Dai Nippon Printing or its subsidiaries. Additionally, the shares will remain locked until performance goals set for fiscal 2029 are met, based on operating profit and return on equity targets outlined in the mid-term business plan starting from fiscal 2027. In case of breach of regulations or resignation due to personal reasons, the company reserves the right to reclaim the shares without compensation.
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