Taihei Machinery Works Grants Restricted Share Awards to Executives

TOKYO, Jul 24 (Pulse News Wire) – Taihei Machinery Works,limited (6342.NG) completed the payment procedures for restricted share awards to its directors and senior executives. The resolution was made during the board meeting held on June 25, 2026.

Under the program, the company distributed ordinary shares totaling 10,190. The price per share was set at ¥2,663, resulting in a total amount of ¥27.1 million.

The shares were allocated to five directors, three audit committee members, and one senior executive. Additionally, one subsidiary director received 1,051 shares.

Details of the transaction can be found in the previous announcement dated June 25, 2026, titled “Granting of Restricted Share Awards to Directors and Senior Executives.”.