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TSUGAMI CHINA has granted a total of 2.442 million shares as part of the share reward plan.
TSUGAMI CHINA (01651) announced that on March 7, 2025, the Board of Directors, based on the recommendations of the company's compensation committee, decided to grant a total of 2.442 million shares as reward shares at zero cost to 58 recipients under the share award plan. These shares are existing shares held by the trustee purchased from the secondary market using internal resources provided by the company, pending acceptance by the recipients. From September 11, 2024, to December 20, 2024, the trustee purchased a total of 2.562 million shares in the market using funds provided by the company.
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