Shin-Etsu Polymer Co.,Ltd. [7970.T]
TOKYO, May 25 (Pulse News Wire) – Shin-etsu Polymer CO.,LTD. (7970.T) decided to delegate the issuance of up to 4,000 stock options to executives and employees without monetary payment, subject to approval at its annual shareholders' meeting scheduled for June 24, 2026.
Each option allows recipients to acquire 100 ordinary shares at an exercise price determined based on average closing prices of the company's ordinary shares on the Tokyo Stock Exchange prior to the grant date, adjusted for stock splits or mergers. The exercise period for these options extends until March 31, 2032.
Upon exercising the options, capital increases would be calculated according to company regulations, with adjustments made for extraordinary circumstances. Additionally, the company reserves the right to,.
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