Source disclosure: February 24, 2026
Globe-ing Inc. [277A.T]
TOKYO, Feb 24 (Pulse News Wire) – Globe-ing Inc. (277A.T) announced today that its board of directors approved the issuance of restricted shares to employees.
The company will distribute ordinary shares totaling 287,966 on April 30, 2026, at a price of ¥2,044 per share, amounting to a total value of ¥588.6 million. The shares will be allocated to 133 employees who will receive a total of 287,966 shares. Each employee will also contribute a monetary claim equivalent to ¥588.6 million towards the purchase of these shares. The distribution aims to incentivize long-term growth and enhance value-sharing among shareholders and employees. Under the agreement, employees will hold the restricted shares for either one year, five years, or three years and two months, depending on their individual agreements.
During this period, the shares cannot be transferred, pledged, or otherwise disposed of without approval. The restrictions will be lifted upon completion of the respective holding period, provided the employee remains employed by the company throughout. In case of resignation or termination during the restriction period, the company reserves the right to acquire the shares. The valuation basis for the payment amount was determined based on the closing price of Globe-ing Inc.'s ordinary shares on the Tokyo Stock Exchange on February 20, 2026, which was set at ¥2,044. This reflects a fair market value and does not favor the employees disproportionately.
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