TOKYO, Jun 15 (Pulse News Wire) – Edia CO.,LTD. (3935.T) resolved at its board meeting held on June 15 to distribute restricted shares as part of an incentive program aimed at enhancing long-term corporate value and fostering greater alignment with shareholders.
The distribution, set for June 30, 2026, involves ordinary shares totaling 30,000. Each share will be priced at June 15, 2026, resulting in a total amount of ¥18.5 million. The shares will be allocated to four executives, who will receive a combined principal monetary award of ¥18.5 million and 30,000 ordinary shares.
Under the agreement, these executives cannot sell, pledge, or otherwise dispose of their shares until they resign from their positions as directors. Additionally, the company reserves the right to reclaim the shares without compensation if certain conditions are met, such as the executive's resignation within a specified period or misconduct during their tenure. This initiative underscores Edia’s commitment to incentivizing performance while ensuring fair valuation based on market prices.
The price per share was determined based on the closing price of Edia's ordinary shares on the Tokyo Stock Exchange on June 12, which was deemed reasonable and non-favorable.
🟡 Confidence: Standard AI-translated content.