DAIICHI SANKYO COMPANY,LIMITED [4568.T]
TOKYO, May 18 (Pulse News Wire) – Daiichi Sankyo Company,limited (4568.T) announced changes to its equity-based compensation plan for directors and executives, effective June 22, 2026, pending approval at its annual shareholders' meeting. The revised plan covers fiscal years 2026 through 2030 and includes modifications such as adding foreign and overseas-based directors and executive officers as eligible recipients, altering stock acquisition methods, and updating performance criteria to align with the company's mid-term business plan objectives.
Under the amended plan, eligible recipients will receive shares based on their roles and achievement of performance targets during the five-year period. Performance metrics will now focus on revenue, operating profit, return on equity (ROE), relative total shareholder return (TSR), research and development progress, and sustainability indicators. Additionally, the company will consider self-held share disposals alongside purchases from the open market to acquire shares for distribution.
The board of directors also outlined conditions for eligibility, including mandatory adherence to ethical standards and compliance with financial reporting integrity. In cases of significant non-compliance, the company reserves the right to withhold or seek repayment for distributed shares and associated proceeds. The trust fund established for this purpose has a cap of ¥4 billion, allowing for up to 2.50 million shares shares to be allocated annually, subject to adjustments based on market conditions and regulatory approvals.
🔴 Confidence: Review recommended AI-translated content.