TOKYO, Jun 25 (Pulse News Wire) – NSD CO.,LTD. (9759.T) announced that its board of directors meeting held, approved the distribution of restricted share awards as part of its incentive program aimed at enhancing long-term corporate value and fostering greater alignment with shareholders.
Under this program, the company plans to distribute ordinary shares worth a total of ¥143.1 million to 28 individuals, including 21 executive officers and seven directors. The award includes a restriction period during which recipients cannot sell, pledge, or otherwise dispose of the shares without approval. The shares will be distributed on July 17, 2026, at a price of ¥2,407 per share. The purpose of this initiative is to incentivize key personnel to focus on sustainable growth within the group.
Additionally, the company expanded the scope of its incentive program to include executives of major subsidiaries, aiming to boost their commitment to the group's ongoing success. In related developments, the company also entered into restricted stock allocation agreements with the recipients. These agreements stipulate that the restrictions will remain in place until the recipient leaves their position within the company or subsidiary. In case of premature departure due to valid reasons such as death, the company reserves the right to reclaim the shares free of charge.
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