Nagase finalizes treasury share disposal for stock compensation

Nagase & Co. finalized the disposal price for its treasury shares under a stock-based compensation plan on November 17, 2025. The company will dispose of 464,200 shares of its common stock at a price of 3,608 yen per share, resulting in a total disposal amount of 1,674,833,600 yen. This decision follows a resolution by the board of directors on November 6, 2025.

The disposal price of 3,608 yen was determined by taking the higher of two figures: the closing price on the Tokyo Stock Exchange on November 5, 2025 (3,434 yen), and the highest closing price from November 11 to November 14, 2025. This methodology ensures fairness to existing shareholders and reflects recent market trends, preventing any undue advantage to the allottees.

The finalized disposal price shows various deviations from recent average closing prices. It represents a 6.59% deviation from the 1-month average (3,385 yen), a 10.20% deviation from the 3-month average (3,274 yen), and an 18.84% deviation from the 6-month average (3,036 yen), all as of November 13, 2025.