TOKYO, May 11 (Pulse News Wire) – Space CO.,LTD. (9622.T) completed the payment procedures for its restricted stock awards share repurchase.
The repurchase involved 1,000 ordinary shares at a price of 1,000 per share, totaling 1,000,000. This transaction was approved during the board meeting held on April 24, 2026. The shares were distributed among eight directors, excluding those who serve as audit committee members.
Detailed information regarding this repurchase can be found in the notice dated April 24, 2026. The completion of this repurchase aligns with the company's strategy to incentivize key executives through equity-based compensation while adhering to regulatory requirements. This move underscores Space Co.'s commitment to maintaining transparency and fairness in its governance structure.
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