Sintokogio to dispose of treasury stock for compensation
Sintokogio (TSE:6339) announced today its decision to dispose of 63,280 shares of its own common stock as part of a restricted stock compensation plan. The disposal, priced at JPY 869 per share based on the closing price on July 4, 2025, amounts to a total of JPY 54,990,320. Six directors will receive 28,420 shares, while thirteen executive officers will receive 34,860 shares. The company intends for this disposal to incentivize sustained increases in the company's corporate value and promote shared value with shareholders. The shares will be subject to transfer restrictions, managed in dedicated accounts.
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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