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HENNGE to Grant ¥22 Million in Restricted Stock to Directors as Part of Long-Term Incentive Plan

Story Highlights
  • HENNGE will dispose of 17,700 treasury shares as restricted stock worth about ¥22.4 million for nine directors.
  • The restricted stock plan ties director pay to share performance and supports long-term retention and corporate value growth.
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HENNGE to Grant ¥22 Million in Restricted Stock to Directors as Part of Long-Term Incentive Plan

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HENNGE K.K. ( (JP:4475) ) has provided an announcement.

HENNGE K.K. has approved the disposal of 17,700 treasury shares as restricted stock remuneration for nine directors, including outside directors and Audit and Supervisory Committee members, with a total value of ¥22.4 million at a disposal price aligned with the latest market close on the Tokyo Stock Exchange. The move is part of a previously approved long-term equity compensation plan designed to more closely link director pay with shareholder value and share price performance, using multi-year transfer restrictions to promote retention and sustained contribution to corporate value, while signaling continued use of stock-based incentives in the company’s governance and compensation framework.

More about HENNGE K.K.

HENNGE K.K. is a Japan-based IT company listed on the Tokyo Stock Exchange Growth Market (code 4475), focused on cloud security and access control services for corporate customers, particularly solutions that enhance secure adoption and management of SaaS and other cloud platforms.

Average Trading Volume: 551,863

Technical Sentiment Signal: Sell

Current Market Cap: Yen41.5B

See more insights into 4475 stock on TipRanks’ Stock Analysis page.

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