Meiji Holdings Co (JP:2269) has released an update.
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Meiji Holdings Co., Ltd. has announced the disposal of treasury stock as restricted stock compensation for its directors and executive officers, with the aim to align their interests with those of shareholders and incentivize them to enhance corporate value. A total of 148,530 shares valued at JPY 525,796,200 will be allocated to 52 eligible members under the plan, with a three-year transfer restriction to ensure long-term commitment.
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