TOKYO, Mar 24 (Pulse News Wire) – Frontier International Inc. (7050.T) completed the disposal of restricted shares as part of its share-based compensation plan .
The transaction involved 59,800 common shares instead of the initially planned 59,800 shares due to two employees losing their eligibility for the program. Details of the changes include: - Payment date: March 24, 2026 - Number of shares disposed: 59,800 common shares - Price per share: [¥1,200] - Total amount: [¥70.1 million] - Recipients: 44 employees The reduction in the number of shares was caused by two employees who either left the company or declined the allocation of restricted shares.
In a statement, Frontier International noted that the impact on the company's performance is expected to be minor.
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