EIKEN CHEMICAL CO.,LTD. [4549.T]
TOKYO, Jun 23 (Pulse News Wire) – Eiken Chemical CO.,LTD. (4549.T) decided to sell restricted shares to executives on July 22, 2026.
The company plans to distribute ordinary shares worth ¥2,666 per share, totaling ¥72.6 million. A total of 17 individuals, including seven outside directors and ten executive officers, will receive these shares. This move aims to align the interests of executives and shareholders by providing long-term incentives.
Under the restricted stock award program introduced in 2022, recipients cannot trade their shares until July 22, 2026, or upon leaving their positions due to retirement or other valid reasons. In case of misconduct during the restriction period, the company reserves the right to reclaim the shares without compensation. The distribution price was determined based on the closing price of Eiken Chemical's ordinary shares on the Tokyo Stock Exchange on June 22, 2026, ensuring fairness and transparency.
The shares will be managed through special accounts set up with Nomura Securities to prevent unauthorized transactions during the restriction period.
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