TOKYO, Apr 16 (Pulse News Wire) – Future Corporation (4722.T) announced today that its board of directors approved the issuance of restricted shares to executives and employees. The transaction, scheduled for May 15, involves the distribution of ordinary shares worth ¥1,672 per share, totaling ¥2,675,200,000.
The shares will be allocated to four executive directors, 54 employees, and three subsidiary directors. Each executive director will receive shares valued up to ¥1,000,000 annually, while employees will receive shares based on their performance metrics.
The restrictions on transferring these shares will remain in place until December 31, 2026, contingent upon continued service as a director or employee during this period. In addition, the company will manage these restricted shares through a dedicated account at Daiwa Securities Co., Ltd., ensuring compliance with the conditions set forth in the agreement.
Any shares not transferred due to termination of employment will be acquired by the company without compensation.
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