Menicon Co (JP:7780) has released an update.
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Menicon Co., Ltd. has announced the issuance of share remuneration-type stock options, known as the 28th Share Acquisition Rights, to incentivize and motivate directors of its subsidiaries. A total of 121 units will be granted to 10 eligible directors, allowing them to purchase company shares at a price of 1 yen per share from March 31, 2025, to March 30, 2075. These options are aimed at encouraging management to contribute to the sustained improvement of the company’s performance and corporate value.
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