Tsubakimoto Kogyo TO SELL SHARES AS PART OF STOCK COMPENSATION PLAN
TOKYO, Jul 31 (Pulse News Wire) – Tsubakimoto Kogyo CO.,LTD. (8052.T) resolved to sell shares as part of its ongoing stock compensation program during a board meeting held on July 31.
The company plans to dispose of ordinary shares totaling 54,700 on August 19, 2026, at a price of ¥2,885 per share, resulting in a total disposal amount of ¥157.8 million. This action follows the introduction of the stock compensation system in May 2020, aimed at aligning executive remuneration with shareholder value and fostering long-term performance improvement. The shares will be transferred to Mitsubishi UFJ Trust and Banking Corporation (trust account) for re-trustee management by Nomura Trust & Banking Co., Ltd.
(trust account). The dilution ratio based on the number of outstanding shares as of March 31, 2026, is 0.28%. TSUBAKIMOTO KOGYO believes the sale will have minimal impact on the trading market while reinforcing the alignment between executive compensation and stock value.
The trust agreement was established on August 17, 2020, with a duration until August 2029, ensuring continuous delivery of shares to eligible executives according to predefined conditions.
