Meisei Industrial Completes Share Disposition for Restricted Stock Awards

TOKYO, Jul 24 (Pulse News Wire) – Meisei Industrial CO.,LTD. (1976.T) completed the payment procedures for the repurchase of its own shares as part of restricted stock awards.

The repurchased shares, totaling 7,000 ordinary shares, were disposed of at a price of ¥1,818 per share, resulting in a total amount of ¥12.7 million. The shares were transferred to four non-audit committee directors and outside directors of the company. The resolution for this transaction was made during the board meeting held on June 25, 2026.

Further details can be found in the notice released on the same day. This action aligns with the company's strategy to manage employee incentives through equity-based compensation mechanisms. The completion of the share repurchase process signifies the fulfillment of a key component of the company’s governance framework aimed at retaining talent and aligning executive interests with shareholder value.