TOKYO, Jun 25 (Pulse News Wire) – Takuma CO.,LTD. (6013.T) announced that its board of directors, held on June 25, approved the distribution of restricted shares to executives on July 24.
The company plans to distribute ordinary shares worth ¥3,660 per share, totaling ¥143.2 million. The shares will be allocated to five directors, eleven executive officers without director status, ten council members, and thirty-three subsidiary directors. Under the restricted stock award program introduced in April 2019, the company grants restricted shares to eligible executives based on their contributions to the group. The total monetary compensation amounting to ¥143.2 million will be converted into restricted shares, with each recipient receiving ordinary shares valued at 39,115.
The restrictions on these shares will remain until July 23, 2056, subject to continued service requirements. Additionally, the company clarified that the distribution price was set at the closing price of Takuma's ordinary shares on the Tokyo Stock Exchange Prime Market on June 24, which was ¥3,660. This ensures fairness and, The restricted shares will be managed through a dedicated account opened at Nomura Securities during the restriction period. Any shares not transferred due to termination conditions will be acquired by the company upon expiration of the restriction period.
🟢 Confidence: High AI-translated content.