tiprankstipranks
Advertisement
Advertisement

Kokuyo Corrects Details of Treasury Stock Disposal for Executive Restricted Stock Plan

Story Highlights
  • Kokuyo corrected its earlier notice on treasury stock disposal for restricted stock compensation to executives, adjusting certain share allocation figures.
  • The company will now dispose of 77,008 shares at 835.9 yen each on April 15, 2026, with total value unchanged and minor increases in allotted shares to key officers.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kokuyo Corrects Details of Treasury Stock Disposal for Executive Restricted Stock Plan

Meet Samuel – Your Personal Investing Prophet

Kokuyo Co ( (JP:7984) ) has provided an update.

Kokuyo Co., Ltd. has issued a correction to its March 27, 2026 announcement regarding the disposal of treasury stock for restricted stock compensation to executives. The company identified errors in the originally disclosed figures and has updated the number of shares to be allotted to directors, corporate officers, and managing officers while keeping the total disposal value unchanged.

Under the corrected terms, Kokuyo will dispose of 77,008 shares of common stock at 835.9 yen per share, for a total of 64,370,980 yen, with the pay-in date remaining April 15, 2026. The revision slightly increases the allotted shares for seven directors, two corporate officers, and ten managing officers, clarifying the structure of executive compensation but not altering the overall financial scale of the transaction.

The most recent analyst rating on (JP:7984) stock is a Hold with a Yen870.00 price target. To see the full list of analyst forecasts on Kokuyo Co stock, see the JP:7984 Stock Forecast page.

More about Kokuyo Co

Kokuyo Co., Ltd., listed on the TSE Prime under stock code 7984, operates in the office and stationery products industry. The company provides office furniture, stationery, and related services, targeting corporate clients and professionals in Japan and international markets.

Average Trading Volume: 877,046

Technical Sentiment Signal: Buy

Current Market Cap: Yen365.7B

See more insights into 7984 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1