TOKYO, Apr 27 (Pulse News Wire) – ORO CO.,LTD. (3983.T) completed the issuance of restricted shares as part of its share-based compensation program on April 23, 2026.
The issuance was approved during the board meeting held on March 24, 2026. Details of the issuance include: - Type of Shares: Ordinary shares - Number of Shares: 8,713 - Price per Share: ¥1,836 - Total Amount: ¥16.0 million The shares were distributed to two directors and one executive officer of the company.
Notably, the issuance excludes directors who serve as audit committee members. This transaction aligns with ORO's ongoing efforts to incentivize key personnel through equity-based rewards while adhering to regulatory requirements for restricted share transfers.
For more detailed information, interested parties should refer to the previous notice dated March 24, 2026.
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