FilingReader Intelligence

Hioki disposes of treasury stock for executive compensation

March 11, 2025 at 12:02 PM UTCBy FilingReader AI

Hioki Eecorporation (TSE: 6866) announced the disposal of 978 shares of its common stock as restricted stock compensation for two internal auditors, excluding outside auditors. The disposal, approved by the board on March 11, 2025, aims to incentivize the internal auditors by aligning their interests with those of shareholders, preventing the undermining of the company's corporate value. The per-share disposal price is ¥7,350, totaling ¥7,188,300. The payment date is set for April 10, 2025. The compensation plan involves the auditors contributing monetary compensation claims to receive shares, with a restriction on transferring the shares until they leave their positions as directors or auditors.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

News Alerts

Get instant email alerts when Hioki Eecorporation publishes news

Free account required • Unsubscribe anytime

Filing Activity Timeline

View Complete Filing History →