Tokyo Ohka Kogyo Co (JP:4186) has released an update.
Tokyo Ohka Kogyo Co., Ltd. has introduced a Restricted Stock Incentive Plan, aiming to motivate and retain employees by allowing them to acquire restricted company shares through an Employee Stockholding Association. The disposal of up to 82,160 treasury shares, set at 4,388 yen each, will represent a dilution of 0.06% of total issued shares. The company believes this will enhance welfare programs, support employee asset building, and align employee interests with shareholder values.
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