MABUCHI MOTOR CO.,LTD. [6592.T]
TOKYO, Apr 09 (Pulse News Wire) – Mabuchi Motor CO.,LTD. (6592.T) resolved at its board meeting held, to distribute own shares as equity compensation to directors and executives.
The distribution will take place on April 24, 2026, involving 1,000,000 ordinary shares at a price of ¥1,000 per share, totaling ¥1,000,000,000. This move aims to incentivize long-term value creation and enhance shareholder alignment. Under the newly introduced restricted stock award program, recipients will hold the shares subject to vesting conditions tied to their continued service until retirement or resignation from their respective positions.
Additionally, the company will purchase unvested shares at no cost upon expiration of the restriction period. In detail, the distribution involves four directors receiving 1,000,000 shares collectively, seven executive officers obtaining 11,430 shares, and one councilor getting 1,000 shares. The shares will be managed through special accounts opened at Nomura Securities during the restriction period to prevent unauthorized transfers or pledges.
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