Elecom Co. Issues New Stock Options for Employees

Elecom Co (JP:6750) has released an update.

Elecom Co., Ltd. has announced the issuance of stock acquisition rights as stock options to its directors and employees to incentivize performance enhancement and promote shareholder-oriented management. These rights, which will be allocated on August 21, 2024, allow holders to acquire shares of the company’s common stock without monetary payment. A total of 2,280 stock acquisition rights will be issued, each representing 100 shares, with the exercise price determined by a set formula based on the stock’s market price.

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