ITO EN (JP:2593) has released an update.
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ITO EN, LTD. has announced the disposal of 26,000 treasury shares as part of a restricted stock compensation plan designed to incentivize Directors and Executive Officers, aligning their interests with continuous corporate value improvement and shareholder value-sharing. The shares are valued at 3,536 yen each, totaling 91,936,000 yen, and will be subject to transfer restrictions that lift upon the retirement or resignation of the recipients. This strategic move aims to further motivate the 23 eligible directors and officers by integrating their compensation with the company’s performance.
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