Meito Completes Share Disposition Under Restricted Stock Award Program
TOKYO, Jul 24 (Pulse News Wire) – Meito CO.,LTD. (2207.NG) announced today that the share repurchase process under its restricted stock award program was completed.
The program, which was approved during the board meeting held on June 25, 2026, involved the issuance of ordinary shares with restrictions on transfer. Details of the share repurchase include: - Type of Shares: Ordinary shares - Number of Shares Issued: 7,929 - Price per Share: ¥3,185 - Total Amount Paid: ¥25.3 million The shares were distributed among various recipients, including: - Four directors who do not serve as audit committee members or outside directors: 1,254 shares - Three executive officers who do not hold director positions: 375 shares - Sixty-seven employees: 5,658 shares - Four directors of subsidiary companies: 376 shares - Two executive officers of subsidiary companies without director roles: 188 shares - One permanent advisor of a subsidiary company: 78 shares For more detailed information, refer to the press release dated June 25, 2026, titled “Notice Regarding the Disposal of Own Shares Under Restricted Stock Award Program.”.
