TAKI CHEMICAL CO.,LTD. [4025.T]
TOKYO, Mar 26 (Pulse News Wire) – Taki Chemical CO.,LTD. (4025.T) resolved today to issue restricted stock worth ¥1,000 per share to five directors and nine non-director executive officers as part of its incentive compensation program.
The total number of shares to be distributed is 9,072, with the payment due on April 24, 2026. Under the program, recipients cannot sell or pledge the shares until their positions as directors or executives end. In addition, the company reserves the right to acquire the shares without compensation if certain conditions arise during the restriction period.
Shares will be managed through a dedicated account at Daiwa Securities Co., Ltd. to ensure compliance with restrictions. The decision follows approval from the company's board meeting held , aimed at aligning long-term interests of management with shareholders while incentivizing sustained growth.
Payments totaling ¥9,072,000 will be made to eligible individuals based on their roles within the organization.
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