TOKYO, Mar 24 (Pulse News Wire) – IMV Corporation (7760.T) announced today that its board of directors has approved the distribution of own shares as employee compensation. The key details are as follows: (1) Payment Date: April 8, 2026 (2) Type and Number of Shares: Ordinary shares totaling 5,000 (3) Share Price per Unit: ¥2,878 per share (4) Total Value of Distribution: ¥14.4 million (5) Recipients: Two employees who have met certain performance criteria The purpose of this distribution is to incentivize sustained improvement in the company's value and promote greater alignment with shareholders' interests.
Under the existing equity-based incentive program, eligible employees will receive ordinary shares worth their monetary awards. The dilution impact of this issuance is considered minor, amounting to approximately 0.03% based on the outstanding share count excluding treasury stocks as of September 30, 2025 (15,912,186).
Only those employees expressing interest will receive the allocation. The company’s performance-linked stock award system rewards project participants based on achievement against predefined goals during a designated period.
Specific parameters such as baseline delivery share counts and performance thresholds are set for each participant, with caps applied to the number of shares awarded regardless of performance level exceeding certain benchmarks.
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