TOKYO, Jun 26 (Pulse News Wire) – Fujikura Ltd. (5803.T) announced that it will distribute restricted shares as part of its compensation program on July 24, 2026.
The distribution involves ordinary shares valued at ¥6,436 per share, totaling ¥265.6 million. The shares will be distributed among three directors and five executive officers who do not hold director positions. The purpose of this distribution is to incentivize long-term value creation and enhance alignment with shareholders. Under the new compensation system, eligible executives will receive either ordinary shares or cash equivalents, which can be converted into shares based on the market price prior to the board resolution date.
The total amount of cash equivalents allocated is ¥265.6 million, and the number of ordinary shares to be distributed is 41,265. The distribution is subject to restrictions until the respective executives' positions are terminated or they retire. Additionally, the company stated that if any executive violates laws or regulations during the restriction period, Fujikura reserves the right to reclaim the shares without compensation. The shares will be managed through a dedicated account at Nomura Securities Co., Ltd.
To ensure compliance with the restrictions.
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