TOKYO, Jun 26 (Pulse News Wire) – Nice Corporation (8089.T) announced today that its board of directors approved the issuance of restricted shares as part of an equity incentive program. The new shares will be issued on July 17, 2026, with a total of 16,800 ordinary shares being distributed.
Each share will be priced at ¥1,845, resulting in a total issuance value of ¥31.0 million. The shares will be allocated to 13 executive officers and eight directors, totaling 21 individuals. The purpose of this issuance is to enhance employee engagement and align their interests with those of shareholders, promoting sustained growth and increased enterprise value.
As part of the agreement, executives and eligible directors will exchange monetary compensation worth ¥31.0 million for these restricted shares. Under the terms of the agreement, the restricted shares cannot be transferred until July 1, 2026, and will remain subject to restrictions until June 30, 2027, contingent upon continued employment with Nice Corp or its subsidiaries during this period. Upon expiration of the restriction period, the shares will be released from restrictions, and any untransferred shares will be acquired by the company without payment.
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