Nankai Plywood Completes Restricted Share Disposition for Directors and Executives
TOKYO, Jul 24 (Pulse News Wire) – Nankai Plywood CO.,LTD. (7887.T) completed the repurchase of restricted shares for its directors and executives .
The repurchase was approved during the board meeting held on June 26, 2026. Key details of the transaction include: - Payment completion date: July 24, 2026 - Number of ordinary shares repurchased: 10,000 - Price per share: ¥1,491 - Total amount paid: ¥14.9 million The shares were allocated to four directors and six executive officers. Due to the total value being less than ¥100 million, the company did not file a securities notification or interim report as required by the Financial Instruments and Exchange Act.
Additionally, the transferred shares cannot be traded until the semi-annual report for the fiscal year containing the delivery date is submitted. This completes the repurchase process initiated by the board resolution on June 26, 2026. For more detailed information, refer to the press release dated June 26, 2026.
