Gunze Completes Share Disposition Under Restricted Stock Award Plan

TOKYO, Aug 06 (Pulse News Wire) – Gunze Limited (3002.T) completed the repurchase of shares under its restricted stock award plan on August 06, 2026. According to the company’s announcement, the repurchased shares totalled 21,453 ordinary shares, with each share valued at ¥3,975.

The total amount paid for the repurchase was ¥85.3 million. The transaction involved six directors, excluding outside directors, who received 12,612 shares collectively.

Additionally, eleven executive officers received 8,841 shares under the same arrangement. Details of the repurchase were previously disclosed on July 22, 2026, in accordance with the Company Law Article 370 and the company's Articles of Incorporation Article 26.

This move underscores Gunze Limited's commitment to rewarding its executives and directors through equity-based compensation plans while adhering to regulatory requirements.