Elecom Announces Employee Share Grant Plan

TOKYO, Jul 22 (Pulse News Wire) – Elecom CO.,LTD. (6750.T) resolved to grant restricted shares to employees through its employee stock ownership plan.

The allocation will occur on December 22, 2026, with up to 406,245 ordinary shares being distributed at a price of ¥1,830 per share, totaling up to ¥743.4 million. The distribution assumes a maximum of 1,855 eligible employees receiving 219 shares each.

The purpose of this initiative is to commemorate the company's 40th anniversary and enhance long-term engagement among employees. Restricted shares will be granted based on special bonuses paid by the company without requiring personal investment from employees.

Shares will remain restricted until the end of the vesting period in 2031, contingent upon continued membership in the employee stock ownership plan.