TSURUHA HOLDINGS INC. [3391.T]
TOKYO, Jun 19 (Pulse News Wire) – TSURUHA HOLDINGS INC. (3391.T) resolved today to issue restricted stock as compensation to its directors and executives.
The issuance, scheduled for July 16, 2026, involves distributing ordinary shares worth ¥2,027 per share, totaling ¥131.8 million. Four directors and fourteen executives will receive the shares, along with four subsidiary directors. The restricted period for these shares extends until July 15, 2056, aiming to incentivize long-term value creation and align interests with shareholders.
The company also outlined conditions for transferring these shares, including automatic forfeiture upon resignation within the initial restriction period without valid reasons. Shares will remain subject to restrictions until the end of the designated period, barring certain exceptions such as continued service requirements. Management will oversee the administration of these shares through SMBC Nikko Securities.
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