TOKYO, Apr 17 (Pulse News Wire) – Horiba,ltd. (6856.T) resolved at its board meeting held, to distribute restricted shares to certain executives and directors.
The distribution will take place on May 15, 2026, involving ordinary shares worth a total of ¥180.3 million. Under the plan, five non-outsider directors and nine corporate officers will receive shares valued at ¥21,380 per share, totaling 5,246 shares. Additionally, thirteen domestic subsidiary executives will get shares valued at __NUM_1__ per share, amounting to 3,188 shares.
Each recipient will hold these shares subject to restrictions until May 15, 2029, barring early release conditions tied to continued service or loss of position due to death or other valid reasons. The company also noted that the valuation used for the share issuance was based on the closing price of Horiba's ordinary shares on the Tokyo Stock Exchange on April 16, 2026, which was set at ¥21,380. This ensures fairness and reflects recent market value without favoritism towards recipients.
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