PHYZ Holdings Completes Restricted Share Repurchase for Directors and Employees

TOKYO, Jul 17 (Pulse News Wire) – PHYZ Holdings Inc. (9325.T) completed the repurchase of restricted shares for directors and employees as decided in the June 19 board meeting.

The transaction involved the repurchase of 8,953 ordinary shares at a price of ¥1,125 per share, totaling ¥10.1 million. Key details of the repurchase include: - Five directors received a total of 4,667 shares, - Two executive officers received 446 shares, - Three employees received 580 shares, - Two subsidiary directors received 446 shares, - Twenty-one subsidiary employees received 2,814 shares.

This action aligns with the company's strategy to incentivize key personnel through equity-based compensation. For more detailed information, refer to the June 19 press release titled “Announcement Regarding the Repurchase of Restricted Shares.”.