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SHIZUOKA GAS CO. LTD. ( (JP:9543) ) has issued an update.
Shizuoka Gas Co., Ltd. has completed payment procedures for the disposal of 53,190 shares of its treasury stock as restricted stock compensation, following a March 26, 2026 board resolution. The shares, priced at 1,514 yen each for a total of 80,529,660 yen, were allotted to three internal directors and nine operating officers, reinforcing the company’s executive incentive framework and aligning management interests with shareholders.
The allocation grants 25,000 shares to three non-outside directors and 28,190 shares to nine operating officers, with April 20, 2026 set as the disposal date. This move underscores Shizuoka Gas’s continued use of equity-based compensation to retain key talent and support long-term corporate value creation within Japan’s regulated gas utility sector.
More about SHIZUOKA GAS CO. LTD.
Shizuoka Gas Co., Ltd. is a Japanese energy utility operating in the gas sector, listed on the Tokyo Stock Market under securities code 9543. The company’s core business centers on the supply of city gas and related energy services to customers in the Shizuoka region and surrounding markets, positioning it as a regional provider within Japan’s broader utility industry.
YTD Price Performance: 23.00%
Average Trading Volume: 196,413
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen109.4B
Learn more about 9543 stock on TipRanks’ Stock Analysis page.