Nippon Soda Co., Ltd. (JP:4041) has released an update.
Nippon Soda Co., Ltd. has decided to issue 5,836 of its treasury shares as restricted stock compensation to certain directors and executive officers, aiming to align their interests with those of shareholders and incentivize them to boost corporate value. The shares are valued at 5,340 yen each, totaling 31,164,240 yen, and will be subject to a transfer restriction period until each recipient’s retirement or resignation. This move follows the introduction of a new remuneration system approved by shareholders and is part of a broader strategy to promote long-term corporate value enhancement.
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