MACNICA HOLDINGS INC. (JP:3132) has released an update.
Macnica Holdings, Inc. has announced the disposal of treasury shares as part of a restricted share remuneration scheme aimed at providing long-term incentives for its directors and executive officers. Scheduled for July 25, 2024, the disposal will involve 46,522 common shares at a price of 6,705 yen each, totaling approximately 311.93 million yen. The move is intended to align the interests of the leadership with those of shareholders and will include transfer restrictions of three to five years.
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