Powdertech Completes Employee Share Award Payments

TOKYO, Jul 17 (Pulse News Wire) – Powdertech CO.,LTD. (5695.T) completed the payment procedures for restricted share awards to employees as decided in its June 23 board meeting.

According to the company’s records, the transaction involved the distribution of ordinary shares totaling 4,724 to six recipients, including three directors and three executive officers who do not hold director positions. Each share was sold at a price of ¥2,990 per share, resulting in a total transaction value of ¥14.1 million. The payments were finalized .

Details of the transaction can be found in the previous announcement dated June 23, 2026. This move aligns with Powdertech's strategy to incentivize key personnel through equity-based compensation, enhancing their long-term commitment to the company. The restricted nature of the shares ensures that recipients adhere to predetermined holding periods before selling their stakes.