TOKYO, Mar 25 (Pulse News Wire) – Infomart Corporation (2492.T) announced today that its board of directors has approved the distribution of restricted shares to executives on April 24, 2026. The company plans to distribute ordinary shares worth ¥403 per share, totaling ¥32.1 million.
The shares will be distributed to five non-outsider directors and fifteen executive officers who do not concurrently hold director positions. The purpose of this distribution is to incentivize long-term value creation and enhance shareholder alignment. Each recipient will contribute cash compensation up to ¥40 million annually in exchange for these shares, which come with a restriction period lasting until April 23, 2056.
Additionally, the company noted that the distribution price was determined based on the closing price of its ordinary shares on the Tokyo Stock Exchange Prime Market on March 25, 2026, ensuring fairness and transparency in the valuation process. Under the restricted stock grant agreement, recipients cannot sell or pledge their shares during the restriction period from April 24, 2026 to April 23, 2056. Upon expiration of the restriction period, shares will be released subject to continued service conditions.
In case of retirement due to normal reasons, partial release of restrictions will apply based on tenure.
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