Terumo (JP:4543) has released an update.
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Terumo Corporation has announced the disposal of 82,019 treasury shares as Restricted Stock remuneration, valued at a total of ¥231,334,590, to certain directors, executive officers, fellows, and employees, effective August 2, 2024. The plan aims to align the interests of the recipients with shareholders by sharing the benefits and risks of stock price fluctuations, thus incentivizing the improvement of the company’s value. Recipients are subject to a 30-year transfer restriction period, with provisions for lifting restrictions under certain conditions.
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