NS Solutions Completes Restricted Share Repurchase for Directors and Officers

TOKYO, Jul 17 (Pulse News Wire) – NS Solutions Corporation (2327.T) completed the repurchase of restricted shares for directors and officers on July 17. The transaction involved the issuance of common stock totaling 11,936 shares at a price of ¥3,173 per share, resulting in a total repurchase value of ¥37.9 million.

The shares were allocated to three directors and twenty executive officers. Directors received 3,923 shares, while executive officers received 8,013 shares. Notably, the repurchase excludes audit committee members and outside directors.

This concludes the repurchase process initiated at the June 19 board meeting, which detailed the conditions and allocation of the restricted shares. For further details, refer to the June 19 press release titled "Announcement Regarding Restricted Share Repurchase for Directors and Executive Officers." --- The repurchase was aimed at aligning the interests of management with those of shareholders through the issuance of restricted shares. This move underscores NS Solutions' commitment to governance and long-term value creation.