Resorttrust to Dispose 2.8 Million Treasury Shares for Employee, Executive Stock Benefit Plans
MT Newswires Live
Nov 13, 2025
Resorttrust (TYO:4681) said its board approved the disposal of 2.8 million treasury shares through a third-party allotment to fund its Board Benefit Trust (BBT) and J-ESOP programs, according to a Thursday filing on the Tokyo Stock Exchange.
Shares, priced at 1,875 yen each for a total value of 5.22 billion yen, will be allotted to Custody Bank of Japan (Trust Account E) on Dec. 1.
The disposal supports ongoing performance-linked share-based compensation plans for directors, executive officers, and employees across the company and its subsidiaries, the filing said.
The move will result in share dilution of about 1.3% of voting rights, it added.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.