Ichiyoshi Securities Approves Share Disposition for Executive Compensation
TOKYO, Jul 30 (Pulse News Wire) – Ichiyoshi Securities CO.,LTD. (8624.T) announced that its board of directors, held, approved the repurchase of shares as part of executive compensation.
The repurchase, scheduled for August 19, 2026, involves ordinary shares totaling 656,500. Each share will be repurchased at a price of ¥1,469, resulting in a total expenditure of ¥964.4 million. The shares will be transferred to Nippon Mitsubishi UFJ Trust & Banking Corporation (Role Remuneration BIP Trust Account). This action aligns with the introduction of a new Board Incentive Plan (BIP) trust aimed at enhancing alignment between executive remuneration and company performance.
The plan seeks to incentivize executives towards achieving the medium-term management goals set forth in the company's strategic plans. The repurchase is expected to dilute the existing share count by 1.73% based on the outstanding shares of 37,931,386 as of March 31, 2026, which equates to approximately 2.04% of the total voting rights. The repurchase price was determined based on the closing stock price on the Tokyo Stock Exchange on July 29, 2026, which was ¥1,469. This pricing method ensures objectivity and,25%,.
