Unipres to dispose of treasury stock for employee compensation
Unipres Corporation (TSE:5949) announced today its plan to dispose of 310,959 shares of treasury stock as restricted stock compensation. The decision, finalized at a board meeting on July 7, 2025, aims to incentivize directors, executive officers, and employees by aligning their interests with shareholders. The total disposal value is set at JPY307,849,410, with a disposal value of JPY990 per share. The beneficiaries include directors (excluding those on the Audit & Supervisory Committee and external directors), executive officers, employees, and employees of the company's subsidiary. The disposal is contingent upon the Securities Registration Statement taking effect. The move aligns with a previously approved compensation plan that seeks to enhance motivation and improve Unipres's stock price and corporate value.
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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