Torishima Pump Mfg.Co. Completes Restricted Share Disposition
TOKYO, Jul 22 (Pulse News Wire) – Torishima Pump Mfg.co.,ltd. (6363.T) completed the payment procedures related to the disposition of restricted shares as part of share-based compensation on June 24, 2026.
The dispositions involved the issuance of treasury shares to directors and executive officers, excluding audit committee members. Key details of the transaction include: - Number of shares disposed: 26,005 - Total value of the disposition: 10,494 million yen - Recipients included five non-audit committee directors, four audit committee directors, and thirteen executive officers, totaling 1,754 individuals.
This action was approved during a board meeting held on June 24, 2026. For more detailed information, refer to the previous announcement dated June 24, 2026.
The completion of these procedures marks the final step in the implementation of the restricted share program aimed at incentivizing key personnel within the organization.
