Source disclosure: March 06, 2026, 15:30 JST
Published by Pulse News Wire: March 06, 2026, 16:03 JST
HIOKI E.E.CORPORATION [6866.T]
TOKYO, Mar 06 (Pulse News Wire) – Hioki E.e.corporation (6866.T) announced today that its board of directors held on March 06, 2026, approved the repurchase of 952 shares of its common stock at ¥7,550 per share, totaling ¥7,187,600. The shares will be purchased from two audit committee members as part of a restricted stock compensation program aimed at aligning their interests with those of shareholders.
Under this program, audit committee members receive monetary compensation bonds which are used to acquire company shares. The repurchased shares come with restrictions on transfer until the members cease to hold either director or audit committee positions. The repurchase price was determined based on the closing price of HIOKI's ordinary shares on the Tokyo Stock Exchange on March 05, 2026, ensuring fairness and reflecting the company’s value accurately.
Additionally, the company entered into individual agreements with the recipients outlining conditions such as the prohibition of transferring the shares during a designated period and the automatic acquisition of unreleased shares by the company upon expiration of the restriction period. Shares will be managed through a dedicated account at Daiwa Securities Co., Ltd. to prevent unauthorized transactions during the restriction period.
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