TOKYO, Jun 25 (Pulse News Wire) – Neturen CO.,LTD. (5976.T) announced plans to repurchase shares for executive compensation on July 21, 2026.
The company will distribute ordinary shares worth ¥1,278 per share to eight executives and seven directors as part of performance-based stock awards. The total value of the transaction is expected to be ¥24.3 million and ¥12.7 million. The repurchased shares will be subject to vesting restrictions until the recipients leave their positions at the company.
Additionally, the company will determine the number of shares based on performance metrics set by the board of directors over three consecutive fiscal years ending March 31, 2021 through March 31, 2023. Shares will be delivered upon meeting certain conditions, such as continuous service during the evaluation period and adherence to non-violation criteria established by the board. This initiative aims to enhance long-term corporate value and strengthen alignment with shareholders' interests.
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