Source disclosure: February 25, 2026, 15:30 JST
Makita Corporation [6586.T]
TOKYO, Feb 25 (Pulse News Wire) – Makita Corporation (6586.T) resolved today to issue restricted shares to management employees as part of its incentive program aimed at enhancing corporate value and fostering closer ties with shareholders. The company plans to distribute ordinary shares worth ¥6,042 per share, totaling ¥21.2 million, to 24 eligible managers on March 30, 2026.
The issuance price was determined based on the closing stock price of February 24, 2026, which was ¥6,042. Each recipient will contribute their cash awards as capital to acquire these shares. The restricted shares will be subject to a holding period until September 30, 2026, during which time they cannot be transferred or used as collateral.
In addition, the shares will be managed through a dedicated account at Nomura Securities Co., Ltd., ensuring compliance with the restrictions. Upon completion of the service period without termination of employment, the restrictions will be lifted, allowing free transfer of the shares. Should an employee cease working for the company during the restriction period due to death or other valid reasons, the restrictions would also be immediately lifted.
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