DCM Holdings Co.,Ltd. [3050.T]
TOKYO, Apr 14 (Pulse News Wire) – DCM Holdings CO.,LTD. (3050.T) announced today that its performance-based equity compensation plan for directors and executive officers would continue until July 31, 2029.
The decision was made during a board meeting held. Under the plan, which began on July 3, 2017, the company's stock options are entrusted through a trust arrangement. The trust period will be extended by three years, ending on July 31, 2029.
During this period, directors and executive officers will receive company shares or equivalent cash payments based on their achievement of set performance targets. No changes have been made since the last updates disclosed on April 12, 2022, and April 11, 2023. Additionally, there will be no new funding contributions or additional share acquisitions through the trust during the extension period.
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