TOKYO, May 20 (Pulse News Wire) – Imura & CO.,LTD. (3955.T) announced today that its board of directors, held, approved the distribution of restricted shares to executives.
The distribution will take place on June 19, 2026, involving 22,800 ordinary shares valued at 1,000 per share, totaling 22.8 million yen. This move aims to incentivize and retain key management personnel while fostering greater alignment with shareholders' interests.
Under the newly implemented restricted stock compensation program, eligible executives will contribute their cash-based remuneration within the annual limit of 1¥489 to acquire these shares. The restriction period lasts until June 18, 2066, during which time the shares cannot be transferred, pledged, or otherwise disposed of without approval.
In addition, the company outlined conditions for lifting restrictions, such as continued service in executive roles, and provisions allowing for the automatic acquisition of unreleased shares by IMURA upon expiration of the restriction period or termination due to legitimate reasons.
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