Sankyo to Sell Own Shares for Performance-Based Equity Plan

TOKYO, Aug 06 (Pulse News Wire) – Sankyo CO.,LTD. (6417.T) decided to sell own shares to fund a performance-based equity compensation plan for directors and executives.

The sale, set for August 21, 2026, involves selling 1,090,000 ordinary shares at ¥1,821 per share, totaling ¥1.985 billion. The shares will be transferred to Nippon Custodian Bank Trust Account under the existing trust agreement with Resona Bank. The purpose of this transaction is to secure future payouts under the ongoing performance-linked stock incentive program introduced since May 11, 2023. The number of shares sold represents approximately 0.47% of the outstanding shares as of March 31, 2026, which corresponds to the total expected grants over three fiscal years.

Sankyo believes the impact on the trading market will be minor due to the reasonable scale of the disposal and dilution. The trust agreement was established on August 23, 2023, and amended on August 06, 2026. It covers the issuance of Sankyo's common stock, with additional contributions amounting to ¥1.647 billion scheduled for August 21, 2026. The trust will acquire 1,090,000 shares on that day through a method involving the acceptance of treasury shares.