Nissan Motor Co (JP:7201) has released an update.
Nissan Motor Co., Ltd. has announced the disposal of treasury stock as part of its stock-based compensation plan for selected executive officers, employees, and directors, aiming to align their interests with those of shareholders and incentivize corporate value enhancement. The disposal involves 1,059,381 shares of common stock, to be allotted upon vesting of the FY2022 Second RSU at a price of JPY 539.7 per share. This move is part of a broader strategy initiated in FY2020 to motivate key personnel through stock price-related compensation.
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