TOKYO, Jun 25 (Pulse News Wire) – Marubun Corporation (7537.T) resolved to issue restricted stock as compensation to directors and some subsidiary executives on July 24, 2026. The company's board meeting held on June 25 approved the issuance of ordinary shares worth up to 21.6 million based on cash awards totaling ¥21.6 million.
Under the Restricted Stock Compensation Program introduced in June 2023, eligible directors will receive ordinary shares valued at the closing price of June 24, 2026, which was ¥1,703 per share. The program aims to align executive interests with shareholder value through three-to-five-year holding periods.
This issuance includes 11 recipients who will hold the shares until July 23, 2029, subject to continued service requirements. Marubun also detailed conditions for transferring or redeeming shares during the restriction period, such as automatic redemption by the company if restrictions lapse due to resignation or death.
Shares will be managed in dedicated accounts at Nomura Securities to ensure compliance with restrictions.
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