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Access Corrects Disclosure on Restricted Stock Treasury Disposal

Story Highlights
  • Access corrected its disclosure on treasury stock disposal for restricted stock compensation, keeping the share allocation and pricing unchanged.
  • The company withdrew an earlier extraordinary report due to submission requirements, removing a reference to it while leaving the compensation plan intact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Access Corrects Disclosure on Restricted Stock Treasury Disposal

Meet Samuel – Your Personal Investing Prophet

The latest update is out from Access Co., Ltd. ( (JP:4813) ).

Access Co., Ltd. has issued a correction to its previously announced plan to dispose of treasury stock for restricted stock compensation to directors and executive officers. The disposal terms remain unchanged, covering 136,200 common shares at 530 yen per share for a total of 72,186,000 yen, allocated to seven directors and three executive officers.

The correction removes a prior note stating that an extraordinary report had been submitted under the Financial Instruments and Exchange Act. The company decided to withdraw that extraordinary report in light of submission requirements, prompting this partial revision and clarifying the disclosure without altering the underlying compensation plan.

More about Access Co., Ltd.

Access Co., Ltd. is a Japan-based software and technology company listed on the Tokyo Stock Exchange Prime Market under securities code 4813. The company develops and provides software platforms and related solutions, serving corporate clients and partners in domestic and international markets.

Average Trading Volume: 201,446

Technical Sentiment Signal: Sell

Current Market Cap: Yen20.85B

See more data about 4813 stock on TipRanks’ Stock Analysis page.

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