TSUBAKIMOTO KOGYO CO.,LTD. [8052.T]
TOKYO, May 08 (Pulse News Wire) – Tsubakimoto Kogyo CO.,LTD. (8052.T) resolved today to issue restricted stock as part of its employee incentive program.
The company plans to distribute ordinary shares worth ¥2,920 per share to the Tsukuba Employee Shareholding Association on October 08, 2026. The total value of the distribution could reach up to 257.0 million based on the assumption that all eligible employees join the association. Under this program, eligible employees will receive 110 restricted shares each, contingent upon their agreement to participate.
The issuance price is set at the closing price of TSUBAKIMOTO KOGYO's ordinary shares on the Tokyo Stock Exchange on May 07, 2026, which was ¥2,920. The diluted share count resulting from this issuance would represent approximately 0.45% of the outstanding shares as of March 31, 2026, assuming all 800 potential participants join. The company believes this level of dilution is reasonable and unlikely to significantly impact the market.
Additionally, the resolution includes provisions for restrictions on transferring these shares until October 08, 2029, with conditions tied to continued membership in the employee shareholding association.
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