TOKYO, Mar 25 (Pulse News Wire) – Yamaha Motor CO.,LTD. (7272.T) announced today that its board of directors approved the repurchase of its own shares as part of an equity-based compensation plan tied to performance targets.
The repurchase, scheduled for April 24, 2026, involves issuing ordinary shares worth up to 264.3 million based on a price per share of ¥1,098. The shares will be distributed to 23 individuals, including current and former executives, totaling 240,667 shares. Under the agreement, recipients will face restrictions on transferring the shares until April 23, 2056.
These restrictions will be lifted upon continuous service as a director, officer, or executive during the restriction period. In case of termination due to reasons other than retirement or death, the company reserves the right to reclaim the shares without compensation. The repurchase price was determined based on the closing price of Yamaha Motor's stock on the Tokyo Stock Exchange Prime Market on March 24, 2026, which was ¥1,098.
This price reflects a reasonable deviation rate compared to recent average prices over various time frames, ensuring fairness according to the guidelines set by the Japan Securities Dealers Association.
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