Nippon Television Holdings to dispose of treasury stock

Nippon Television Holdings (TSE:9404) announced the disposal of 20,761 shares of its common stock as restricted stock compensation for its Executive Board Directors, Senior Operating Officers, and executive board directors of its subsidiary. The disposal price is set at JPY3,311 per share, totaling JPY68,739,671. This move is part of a restricted stock compensation plan approved by the Board of Directors on May 8, 2025, and shareholders at the 92nd Ordinary General Meeting. The plan aims to incentivize executives, promote corporate value enhancement, and align their interests with those of shareholders. The transfer restriction period for these shares extends until the executives' retirement.