Syuppin Co., Ltd. (JP:3179) has released an update.
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Syuppin Co., Ltd. has announced the planned disposal of treasury stock as restricted stock compensation, with 989 shares to be allotted to a director at 1,516 yen per share on August 16, 2024. The initiative is part of a tenure-linked restricted stock unit system aimed at enhancing long-term corporate value, with transfer restrictions in place until August 2027. Shares will be managed in a dedicated account to prevent unauthorized transactions during the restriction period.
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