I.A GROUP CORPORATION [7509.T]
TOKYO, May 08 (Pulse News Wire) – I.A GROUP CORPORATION (7509.T) announced today that its board of directors approved a special incentive scheme through which the company will distribute own shares to employees via the employee holding association. The distribution is set to occur on September 09, 2026, with up to 10,195 ordinary shares being offered at a price of ¥4,640 per share, totaling ¥47.3 million.
Under this scheme, eligible employees will receive special incentives, which they will contribute to the employee holding association to purchase the distributed shares. The number of shares to be distributed will depend on the final number of participating employees and their respective allocation patterns. Assuming all potential beneficiaries join the association, the company plans to issue up to 10,195 shares.
This would dilute the existing share count by 0.62% based on the total outstanding shares as of March 31, 2026, and reduce the voting rights by 0.70%. The distribution price was determined based on the closing price of the company's ordinary shares on the Tokyo Stock Exchange Standard Market on May 07, 2026, which is considered reasonable and not particularly favorable. The deviation rate of the distribution price compared to the average closing prices over various periods ranges from 3.94% to 6.20%.
This self-share distribution does not require additional procedures such as obtaining independent third-party opinions or shareholder approval due to the low dilution ratio of less than 25% and the absence of changes in controlling shareholders.
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