Doutor Nichires to dispose of treasury shares
Doutor Nichires Holdings Co., Ltd. announced today its decision to dispose of 36,300 of its treasury shares for restricted stock compensation. The disposal, valued at JPY96,449,100 (JPY2,657 per share), will benefit directors of the company and its subsidiaries. 26,400 shares will be allocated to the company's directors and 9,900 shares to directors of subsidiaries. This plan aims to incentivize directors and promote sustained corporate value enhancement. These shares are subject to transfer restrictions, typically until the director retires or resigns. The disposal price is based on the closing price of Doutor Nichires' common share on the Tokyo Stock Exchange as of May 26, 2025.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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