Enplas Corporation Announces Disposal of Treasury Stock as Restricted Stock Remuneration to Boost Corporate Value
Enplas Corporation has announced the disposal of 6,900 shares of treasury stock as part of a restricted stock remuneration plan, approved by the Board of Directors on June 26, 2025. The shares, valued at 4,280 yen each, total 29,532,000 yen and are intended for 3 Directors, 3 Executive Officers, 6 other Executive Officers and employees, and 2 Directors of subsidiaries. This follows an allotment agreement approved at the 60th Annual Meeting of Shareholders on June 23, 2021, allowing for annual monetary remuneration claims of up to 30 million yen for Directors, excluding Audit Committee and Outside Directors.
