Shinyei Kaisha Completes Share Disposition for Restricted Stock Awards
TOKYO, Jul 24 (Pulse News Wire) – SHINYEI KAISHA (3004.T) announced today that the payment procedures for the repurchase of restricted stock awards have been completed. The decision was made during the board meeting held on June 25, 2026.
According to the company, the repurchased shares consist of common stock totaling 8,628. The per-share repurchase price was set at July 24, 2026, resulting in a total repurchase amount of ¥18.7 million. The shares were distributed among five directors who are neither audit committee members nor outside directors, along with five executive officers without concurrent director roles, comprising a total of 3,450 shares.
The repurchase transaction was finalized . For more detailed information, interested parties should refer to the press release dated June 25, 2026, which outlined the initial approval of the share repurchase plan. This move underscores SHINYEI KAISHA's commitment to aligning executive compensation with shareholder interests through restricted stock awards.
