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 10,415 shares of common stock at ¥7,550 per share, totaling ¥78,633,250. The shares will be distributed to four executive officers on April 03, 2026, based on the performance-based equity plan established to incentivize executives and align their interests with shareholders' value creation goals.
Under the plan, which was introduced during the regular general meeting on February 27, 2025, the number of shares granted is determined by achieving pre-set numerical targets over a defined evaluation period. Executives are subject to holding restrictions until April 03, 2026, or upon losing their positions within the company, whichever occurs later.
The company also retains the right to reclaim shares without compensation if there are violations of laws, internal regulations, or the agreement itself. The repurchase price is set at the closing price of Hioki's ordinary shares on the Tokyo Stock Exchange on March 05, 2026, ensuring fairness and reflecting the company’s recent valuation accurately.
This move underscores Hioki's commitment to fostering long-term growth and enhancing shareholder value through aligned incentives.
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