TOKYO, Jun 05 (Pulse News Wire) – Japan Tobacco Inc. (2914.T) resolved today to distribute restricted shares and performance share units through its board meeting held on June 05, 2026.
The distribution will occur on June 29, 2026, involving ordinary shares totaling 115,927. The total amount for the restricted share distribution is ¥698.5 million, while the performance share units consist of 18,927 ordinary shares. The restricted shares will be distributed among three executive directors and nine executives, with conditions such as a 30-year restriction period during which the shares cannot be transferred, pledged, or otherwise disposed of without approval.
In contrast, the performance share units will be allocated based on the achievement rates of set targets over a three-year evaluation period ending December 31, 2025. The valuation price for the shares is determined based on the closing price of Japan Tobacco's ordinary shares on the Tokyo Stock Exchange on June 4, 2026, which was ¥6,025 per share. This move aims to enhance the company’s long-term value and promote greater alignment with shareholders' interests.
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