Noritsu Koki Co.,Ltd. [7744.T]
TOKYO, Apr 24 (Pulse News Wire) – Noritsu Koki CO.,LTD. (7744.T) completed the distribution of restricted shares as part of its share-based compensation plan on April 24, 2026.
According to the resolution made during the board meeting held on March 26, 2026, the company distributed ordinary shares totaling 30,768. The distribution price per share was March 26, 2026, resulting in a total amount of ¥66.0 million. Two directors received 27,972 shares, while two executive officers received 2,796 shares.
All distributions were subject to restrictions on transferability. The detailed information regarding this transaction can be found in the notice released on March 26, 2026. This move aligns with Noritsu Koki's strategy to incentivize key personnel through equity participation, ensuring long-term commitment and alignment with shareholder interests.
The completion of the share distribution marks another step towards enhancing governance and employee engagement within the organization.
🟡 Confidence: Standard AI-translated content.