Kioxia Holdings Corporation [285A.T]
TOKYO, Jul 02 (Pulse News Wire) – Kioxia Holdings Corporation (285A.T) announced amendments to its share compensation programs following its eighth regular shareholders' meeting held on June 25, 2026. The changes affect the continuation-based and performance-linked equity incentive plans originally set during the seventh annual general meeting until the end of the eighth AGM.
Under the revised plan, Kioxia and its subsidiaries will issue shares based on monetary compensation paid out to eligible directors and executives post their service period or performance evaluation period. The payment amount per share will now be determined based on the closing price of Kioxia's ordinary shares on the Tokyo Stock Exchange on the day preceding the board resolution for issuing new shares or disposing of treasury shares aimed at delivering such shares.
This update supersedes previous communications made on July 25, 2025, and March 25, 2026, which included corrections to earlier reports. Further details on the RSU and PSU schemes remain available in documents submitted on May 26, 2025, and subsequent updates.
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