Disco (JP:6146) has released an update.
Disco Corporation has announced a new restricted share-based remuneration plan for its six executive officers, involving the issuance of 1,800 common shares at ¥60,610 each, totaling ¥109,098,000. The scheme replaces previous retirement benefits and stock option plans, aiming to align executive interests with shareholder value over the long term. Shares will be restricted for 50 years, with specific conditions under which transfer restrictions may be lifted.
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