SANKYO SEIKO CO.,LTD. [8018.T]
TOKYO, Jun 19 (Pulse News Wire) – Sankyo Seiko CO.,LTD. (8018.T) announced today that its board of directors approved the distribution of restricted shares to the Sankyo Seiko Employee Shareholding Association on August 31, 2026.
Under this program, up to 4,482 ordinary shares will be distributed at a price of ¥876 per share, totaling ¥3.9 million. The number of shares and total amount will be finalized based on the number of eligible employees who agree to participate in the scheme, which could involve up to 248 individuals. The purpose of this initiative is to enhance employee welfare and serve as an incentive for sustained corporate value growth and stock price appreciation.
Eligible employees will contribute special bonuses to the association, which will then purchase restricted shares from the company. These shares will be subject to holding restrictions until certain conditions are met, such as continued membership in the association during the restriction period. In addition, the company and the association will enter into a restricted share allotment agreement outlining conditions such as prohibition on transferring shares to third parties within a set period and mandatory repurchase by the company under specific circumstances.
The final number of shares to be distributed will depend on the participation rate among potential beneficiaries.
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