SPK Completes Share Repurchase for Restricted Stock Awards

TOKYO, Jul 17 (Pulse News Wire) – SPK Corporation (7466.T) completed the share repurchase process related to restricted stock awards for its directors . The transaction involved the repurchase of ordinary shares totaling 11,725 at a per-share price of ¥1,274.

The total repurchase amount was ¥14.9 million. Details of the repurchase included four non-outsider directors excluding those who serve as audit committee members. The repurchase was approved by the board of directors on June 25, 2026.

Interested parties can refer to the June 25, 2026, press release for more information on the restricted stock award program. This move underscores SPK Corporation's commitment to aligning executive compensation with shareholder interests through the use of restricted stock awards. The repurchased shares were transferred to the designated directors on the stipulated payment date of July 17, 2026.