Mitsui O.S.K. Lines Incentivizes Directors with New Shares

Mitsui OSKLines (JP:9104) has released an update.

Mitsui O.S.K. Lines, Ltd. has resolved to issue 3,300 new shares of common stock as part of its non-performance-linked restricted stock compensation plan for four directors of a subsidiary, aiming to incentivize sustainable corporate value improvement and align with shareholder interests. The shares, valued at 17,090,700 yen in total, will be restricted from transfer until the directors resign from their executive roles within the subsidiary.

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