Takeda Pharmaceutical Company Limited [4502.T]
TOKYO, Jun 09 (Pulse News Wire) – Takeda Pharmaceutical Company Limited (4502.T) decided today to issue new shares and dispose of treasury stocks based on its long-term incentive plan (LTIP) for overseas subsidiaries. The issuance and disposal will take place on July 08, 2026, involving the issuance of 10,892,917 new shares and the disposition of 6,096,159 treasury shares at a price of ¥5,050 per share, totaling ¥85.79 billion.
These actions aim to reward employees with equity incentives tied to performance targets and retention goals. The LTIP includes Restricted Stock Units (RSUs) and Performance Stock Units (PSUs). RSUs vest annually over three years, while PSU awards depend on achieving performance targets over a three-year period.
Both types of units will be settled either through newly issued American Depositary Shares (ADS) or cash equivalent to the value of the ADS. The determination of the share price was made according to the average closing prices of Takeda's ordinary shares on the Tokyo Stock Exchange over various time frames leading up to June 08, 2026. This ensures a fair representation of the company’s market valuation and avoids arbitrary pricing.
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