Kintetsu Group Holdings Co.,Ltd. [9041.T]
TOKYO, Jun 19 (Pulse News Wire) – Kintetsu Group Holdings CO.,LTD. (9041.T) announced today that its board of directors has approved the distribution of restricted shares to executives on July 17, 2026.
Under the Share Award Program introduced in May 2019, the company will distribute ordinary shares worth a total of 35.5 million based on the closing price of ¥3,384 per share on June 18, 2026. The shares will be distributed to 14 individuals, including five directors and nine executive officers who do not hold director positions.
The program aims to align executive compensation with stock value and enhance long-term performance and corporate value. Directors receiving shares will be subject to a restriction period from July 17, 2026, to July 16, 2056, during which they cannot sell or pledge their shares without meeting certain conditions.
Upon completion of the restriction period, the company will acquire any remaining restricted shares free of charge.
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