SFP Holdings announced on the 24th that it will dispose of treasury stocks as restricted transfer stocks.
With the aim of providing incentives for sustaining and improving the company's enterprise value to directors and others (excluding outside directors and audit and supervisory committee members) and promoting further value sharing with shareholders, the company has introduced a restricted transfer stock compensation system.
The payment deadline is June 19, 2024, and the type and number of shares to be disposed of are 12,100 common stocks of the company, the disposal price is 2,052 yen per share, and the total disposal amount is 24,829,200 yen. The allocation is planned for ten people with a total of 8,800 shares (1 director of the company with 1,500 shares, 10 employees of the company with 8,800 shares, and 2 representatives of the company's subsidiaries with 1,800 shares). In order to achieve sustained improvement in corporate value and value sharing with shareholders over the medium to long term, the restricted transfer period is set at three years for this system.