Mitsubishi Corporation [8058.T]
TOKYO, May 19 (Pulse News Wire) – Mitsubishi Corporation (8058.T) decided at its board meeting held, to grant 151 stock options to an ex-executive who was previously unable to accept due to overseas duties. The options are part of the 2026 fiscal year's C5 Plan, which aims to boost employee morale and align interests with shareholders.
Each option allows the holder to purchase 300 shares of common stock at a predetermined price per share. The exercise period for these options runs from June 5, 2026, to July 12, 2051.
Upon exercising the options, the capital increase would be calculated based on half of the statutory limit set by the Corporate Accounting Standards Act, rounding up any fractional amounts. Additionally, the company outlined conditions for transferring options through inheritance or in cases of mergers involving the corporation.
Exercise rights terminate ten years after the executive loses their position, except for specific exceptions such as mergers or changes in control.
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