Ricoh Leasing Company SETS STOCK PURCHASE PLAN FOR EMPLOYEE SHARE INCENTIVE PROGRAM
TOKYO, Jul 31 (Pulse News Wire) – Ricoh Leasing Company,ltd. (8566.T) decided on key details for its employee share incentive program during a board meeting held on July 31.
The program involves setting up a trust to acquire shares for eligible employees based on performance criteria. Key points of the plan include: - Trustee: Sumitomo Mitsui Trust Bank, with Nippon Custodian Bank as sub-trustee. - Total amount to be entrusted: ¥1.399 billion. - Number of shares to be acquired: 204,300 ordinary shares.
- Acquisition method: Through disposal of treasury stock. - Acquisition date: August 18, 2026. - Trust termination date: September 30, 2031 (planned). The trustee will exercise voting rights according to instructions from the independent trustee manager throughout the term of the trust.
