PROPERST will dispose of 41,000 treasury shares as restricted stock compensation. The shares will be allocated to 7 directors, including 6,300 shares to 3 outside directors. The payment date is 30 September 2026.
PROPERST announced the disposal of treasury shares under its restricted stock compensation plan, with 30 September 2026 as the payment date. The company will dispose of 41,000 treasury shares for a total amount of ¥11,275,000.
The shares will be allocated to 7 directors, including 6,300 shares to 3 outside directors. The disposal price will be calculated using the closing share price of ¥275 on 11 September 2026.
The transfer restriction period will run from 30 September 2026 until the date on which the director retires. In principle, the transfer restrictions on all shares will be lifted when the period expires. The company will acquire any shares whose restrictions are not lifted free of charge.
The plan is intended to promote sustained growth in corporate value and greater sharing of value with shareholders.