FilingReader Intelligence
Union Tool allocates JPY 1bn restricted stock to employees
August 18, 2025 at 12:04 PM UTC•By FilingReader AI
Union Tool Co. will dispose of 139,800 treasury shares as restricted stock to 893 eligible employees, effective December 19, 2025. The initiative is valued at JPY 1,002,366,000, with shares priced at JPY 7,170 each.
The shares will be subject to a 50-year transfer restriction period, with conditions for lifting restrictions tied to continuous employment or specific events like reorganization.
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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TSE:6278•Tokyo Stock Exchange
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