TOKYO, Jun 25 (Pulse News Wire) – Ligua Inc. (7090.T) resolved to distribute restricted stock incentives to an employee through a share repurchase program scheduled for July 24, 2026.
The company plans to purchase 2,000 ordinary shares at a price of June 25, 2026 per share, totaling July 24, 2026. The incentive aims to promote sustained growth within the group while fostering greater value-sharing with shareholders. Under the distribution agreement, the employee will forfeit the shares if they leave their position before December 31, 2027, except for valid reasons such as death.
Shares will remain subject to restrictions until the end of the restriction period, which begins on July 24, 2026, and ends upon the employee's departure from their designated role. If the employee remains in their position throughout the restriction period, the restrictions will be lifted entirely. The shares will be managed by SMBC Nikko Securities according to instructions from Ligua Inc.
Additionally, in the event of significant organizational changes during the restriction period, such as mergers or spin-offs approved by the board or shareholders, the restrictions on the shares may be lifted earlier based on specific calculations.
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