Press Kogyo Co., Ltd. (JP:7246) has released an update.
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Press Kogyo Co., Ltd. has disclosed plans to dispose of 96,300 treasury shares at 644 yen per share as part of a restricted share-based remuneration plan for its directors and executive officers, excluding certain non-executive and external directors. The disposal aims to incentivize these key personnel to enhance long-term corporate value and align their interests with shareholders. The shares will be subject to restrictions, including a prohibition on transfer and certain conditions for lifting these restrictions, to ensure commitment to the company’s sustained performance.
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