Marui Group adjusts treasury share disposal for employees

Marui Group Co., Ltd. (TSE: 8252) has issued a correction to its previous announcement regarding the disposal of treasury shares for employee stock options. The update, released February 27, 2025, revises the number of shares to be disposed of, the number of eligible employees and the total disposal amount. The company will now dispose of 30,450 common shares, down from the previously stated 31,200. The change affects the number of employees eligible, now adjusted to 203 participants from the initial 208. Consequently, the total disposal value has been updated to ¥73,019,100 from ¥74,880,000. The disposal date remains unchanged at February 28, 2025. The price per share stays consistent at ¥2,398. The adjustment reflects that applications for the number of shares granted by each of its employees is not accepted.