TOKYO, Jun 26 (Pulse News Wire) – Secom CO.,LTD. (9735.T) announced that it will distribute restricted shares to executives on July 24, 2026.
The company's board of directors decided to issue ordinary shares totaling 7,199 based on monetary claims given to 23 target executives. Each share will be sold at ¥6,374 per share, resulting in a total distribution amount of ¥45.9 million. This initiative aims to enhance long-term corporate value and employee engagement by providing incentives tied to performance and tenure.
The restricted shares come with limitations on transferability until the end of the restriction period, which begins on the distribution date and ends either upon the executive’s retirement or resignation, or their appointment as a director or auditor. In cases where an executive leaves before the scheduled time, the company will acquire the shares without compensation according to predefined conditions. Additionally, the shares will be managed through a dedicated account set up with Nomura Securities to ensure compliance with transfer restrictions.
The dilution rate due to this issuance is considered minor and reasonable in light of the objectives outlined.
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