TOKYO, Mar 27 (Pulse News Wire) – JUKI Corporation (6440.T) resolved today to distribute its own shares to executives on April 27, 2026. The distribution involves 163,275 ordinary shares at a price of ¥668 per share, totaling ¥109.1 million.
Recipients include three non-outsider directors, two executive officers, and fifteen executive officers, amounting to twenty individuals in total. This distribution is part of a restricted stock compensation program introduced in February 2022 aimed at incentivizing long-term value creation among key personnel while fostering greater alignment with shareholders.
Under this program, recipients must hold the shares until their departure from respective positions, subject to certain conditions and exceptions outlined in the agreement. The shares will be managed through a dedicated account at Nomura Securities Co., Ltd., ensuring compliance with restrictions against transfer or encumbrance during the holding period.
The distribution price was set based on the closing price of JUKI's ordinary shares on the Tokyo Stock Exchange Prime Market on March 26, 2026, which was deemed reasonable and free from arbitrariness.
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