TOKYO, Jun 25 (Pulse News Wire) – Meito CO.,LTD. (2207.NG) announced that its board of directors resolved to distribute restricted shares on July 24, 2026.
A total of 7,929 ordinary shares will be distributed among 81 recipients, including directors, executive officers without director status, employees, and subsidiary directors. Each share will be sold at a price of July 24, 2026. The distribution is part of the company's incentive program aimed at enhancing long-term corporate value and fostering greater alignment with shareholders. Under this program, eligible individuals receive monetary compensation which is used to acquire company shares subject to restrictions on transfer until their service obligations are fulfilled.
Recipients include four directors, three executive officers without director status, 67 employees, four subsidiary directors, two non-executive subsidiary officers, and one permanent advisor. The shares will be managed through a dedicated account at Nomura Securities Co., Ltd. during the restriction period, ensuring compliance with the conditions set forth in the allocation agreement. The distribution price was determined based on the closing price of MEITO’s ordinary shares on the Tokyo Stock Exchange on June 24, 2026, which was ¥3,185.
This ensures fairness and avoids preferential pricing.
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