DTS Adjusts Employee Share Plan Details After Membership Confirmation
TOKYO, Jul 24 (Pulse News Wire) – DTS Corporation (9682.T) completed the payment procedures for its employee share plan involving restricted shares . Initially planned to distribute 204,702 ordinary shares at a price of ¥977 per share, totaling ¥200.0 million, the company now adjusts the number of shares to 198,222 due to finalized member agreements.
The changes reflect the conclusion of promotional activities for membership in DTSGroup Shain Mochikabu Kai and the confirmation of agreement among participating employees. As a result, the total amount distributed also changed to ¥193.7 million.
The distribution remains via third-party allocation method to DTSGroup Shain Mochikabu Kai and DTSGroup Shain Mochikabu Kai. This adjustment ensures alignment with the agreed-upon terms of the employee share program, which includes restrictions on transferring the allocated shares.
