Rinnai disposes 769m yen treasury stock for employee incentives

Rinnai Corporation will dispose of 202,800 treasury shares worth 769 million yen to its Employee Shareholding Association on October 17, 2025.

The restricted stock incentive plan converts monetary claims into 52 shares per eligible employee, with transfer restrictions until May 2028. The disposal price of 3,793 yen per share was based on the Tokyo Stock Exchange closing price.

The initiative represents a 0.14% dilution of total outstanding shares as the company seeks to align employee interests with corporate performance.