Mitsubishi Estate Company (JP:8802) has released an update.
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Mitsubishi Estate Co., Ltd. is set to issue restricted stock to its executive officers as a form of incentive compensation, aiming to align their interests with those of shareholders and drive sustainable corporate value growth. A total of 93,757 shares will be allocated to various executives at a price of 2,700 yen per share, amounting to a total disposal price of 253,143,900 yen. The shares come with a transfer restriction period until the executives’ retirement and can be acquired by the company without consideration under specific conditions.
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