TOKYO, Mar 26 (Pulse News Wire) – Optorun CO.,LTD. (6235.T) resolved today during its board meeting to distribute restricted shares as compensation to two directors and seven executive officers.
Additionally, the company will acquire 92,721 ordinary shares free of charge due to unmet performance conditions set in 2023. In the distribution, the company will issue 59,273 ordinary shares with restrictions until April 24, 2026, based on cash awards totaling approximately ¥335.4 million. The share price for the issuance was determined to be ¥2,821 per share, reflecting the closing price on March 25, 2026, which is considered fair and unbiased.
Furthermore, the company will acquire 92,721 ordinary shares free of charge from three directors and three executive officers who did not meet the performance criteria established in 2023. The acquisition includes shares held by internal directors and excludes external directors. This move aligns with the company's long-term incentive plan aimed at enhancing corporate and shareholder value through restricted stock grants tied to service and performance targets.
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