Harmonic Drive Systems Inc.TSE: 6324

Notice Regarding Disposal of Treasury Shares as Restricted Share-Based Remuneration

· Issued by Harmonic Drive Systems Inc. via TDnet

Filed with TSE · · 3 pages · English

Summary by 6ix AI

Harmonic Drive Systems Inc. has announced the disposal of treasury shares as restricted share-based remuneration for its directors, as resolved in a recent Board of Directors meeting. The purpose of this disposal is to align the interests of the directors with those of shareholders and to motivate them to enhance the company's long-term performance. The disposal price has been set based on the market price of the company's shares prior to the resolution, ensuring fairness in the transaction.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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