JGC Holdings issues performance-linked shares worth 217m yen

JGC Holdings Corporation will issue 174,216 common shares worth 217.4 million yen to executives under its performance-linked compensation program.

The shares, priced at 1,248 yen each, will go to 3 directors, 28 executive officers, and 25 subsidiary directors and executives. The allocation includes a 30-year restricted period aimed at aligning management incentives with long-term corporate value.