Katitas completes restricted stock payment to employees
Katitas Corporation announced today, August 29, 2025, the completion of payment procedures for the disposition of treasury shares as restricted stock to employees. This disposition was resolved at the board of directors meeting held on July 29, 2025. Further details were previously disclosed in the "Notice of disposition of treasury shares as restricted stock to employees" dated July 29, 2025.
The disposition involved a total of 36,000 shares of the company's common stock, priced at JPY 2,514 per share, resulting in a total disposition value of JPY 90,504,000. These shares were allocated to eight company employees, receiving 28,800 shares, and two employees of a subsidiary, who received 7,200 shares.
Payment for these shares was successfully completed on August 29, 2025. This action aligns with the company's earlier resolution to utilize treasury stock for employee incentives.
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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