TOKYO, May 29 (Pulse News Wire) – NAC CO.,LTD. (9788.T) announced that its board of directors held on May 29 decided to distribute restricted shares to the employee shareholding association (Nac Employee Shareholding Association).
The distribution will take place on September 17, 2026, involving up to 409 eligible employees based on their managerial positions. Each share will be priced at ¥499 per share, with the total amount potentially reaching ¥62.2 million. Under this program, the company assumes that all 409 eligible employees join the shareholding association and agree to participate. Based on this assumption, the diluted share count would be 0.27% compared to the outstanding shares as of March 31, 2026, which stands at 46,613,500. Additionally, the diluted voting rights would account for 0.30% out of 420,670 existing voting rights as of March 31, 2026.
The restricted shares will be subject to a holding period from September 17, 2026, to December 1, 2027. During this period, shareholders cannot sell, pledge, or otherwise dispose of the shares without approval. Upon completion of the holding period, the restrictions will be lifted, allowing free trading of the shares. This initiative aims to enhance employee welfare and retention while promoting value-sharing among employees and shareholders. The company believes this measure contributes positively to its long-term enterprise value.
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