Itoham Yonekyu Issues Restricted Stock to Executives

Itoham Yonekyu Holdings, Inc. (JP:2296) has released an update.

Itoham Yonekyu Holdings Inc. has resolved to issue treasury stock as restricted stock compensation to incentivize directors and executive officers, enhancing their motivation to raise the company’s stock price and value. A total of 17,976 shares will be allocated to four directors and ten executive officers, with a transfer restriction period set for 30 years to align their interests with those of shareholders. The total value of the stock disposal is 76,937,280 yen, aiming to foster a long-term commitment to the company’s performance.

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