Noritsu Koki Co.,Ltd. [7744.T]
TOKYO, Mar 26 (Pulse News Wire) – Noritsu Koki CO.,LTD. (7744.T) resolved today to distribute restricted shares to its executives on April 24, 2026.
The distribution involves ordinary shares worth a total of 66.0 million based on a price of ¥2,145 per share. The shares will be distributed to two directors and two executive officers, totaling 30,768 shares. Under the Share Grant Program, directors who continue their roles until the end of the next regular shareholders' meeting will have restrictions lifted on their shares.
In case of resignation due to valid reasons during the restriction period, the number of shares eligible for unrestricted transfer will be calculated based on the duration of service. Noritsu Koki will acquire any remaining restricted shares free of charge upon expiration of the restriction period. The shares will be managed through a dedicated account at Nomura Securities to ensure compliance with transfer restrictions throughout the designated period.
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