JGC Introduces New Share Incentives for Directors

JGC (JP:1963) has released an update.

JGC HOLDINGS CORPORATION is set to issue 37,451 new shares valued at 1,270 yen each as Performance Share Units to incentivize directors and executive officers, aligning their interests with shareholder value and company performance. These shares come with a 30-year restriction period, during which they cannot be disposed of, but restrictions can be lifted under certain conditions, such as continuous service or legitimate resignation. This initiative is part of JGC’s long-term plan to enhance corporate value and performance.

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