DAIICHI KENSETSU CORPORATION [1799.T]
TOKYO, Jun 25 (Pulse News Wire) – Daiichi Kensetsu Corporation (1799.T) resolved at its board meeting held on June 25 to issue restricted stock awards as part of its compensation plan. The company plans to distribute ordinary shares worth a total of ¥18.7 million and ¥111.9 million respectively to four directors and nine executives on July 15, 2026.
Additionally, 34,070 shares will be distributed among 895 employees on the same day. Under the scheme, directors and executives will face restrictions until their positions terminate, while employees' restrictions will last until their departure from the company. The stock grants will vest based on performance criteria set forth in agreements signed with the recipients.
The grant price per share was determined based on the closing price of Daiichi Kensetsu's ordinary shares on the Tokyo Stock Exchange on June 24, 2026, which was ¥3,285. This issuance follows shareholder approval during the 81st Ordinary General Meeting in June 2026 and aligns with the transition to a committee-based structure approved in June 2025. The purpose is to ensure alignment between management interests and those of shareholders through shared risk and reward mechanisms.
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