Fujitsu Announces Treasury Stock Compensation Plans

Fujitsu (JP:6702) has released an update.

Fujitsu Limited has disclosed plans to distribute treasury stock as stock compensation to its directors and employees, in both Japan and overseas subsidiaries, based on performance and restricted stock unit plans established by the company. The distributions, set for August 22, 2024, involve 574,616 shares in Japan and 142,209 shares for overseas subsidiaries, with shares priced at 2552.5 yen each. This move aligns with resolutions from Fujitsu’s Board of Directors and is contingent upon the effectiveness of Securities Registration Statements under the Financial Instruments and Exchange Act.

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