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AGC: Notice on the Allotment of Stock Compensation-Type Stock Options

Stock Acquisition Rights to be issued in February 2016 Asahi Glass Co., Ltd. (“the Company”) announced today that the Company reached the decision, at its meeting of the Board of Directors on February 5, 2016, to establish the following terms and conditions regarding the offering stock acquisition rights as stock compensation-type stock options to its … Continued

Stock Acquisition Rights to be issued in February 2016

Asahi Glass Co., Ltd. (“the Company”) announced today that the Company reached the decision, at its meeting of the Board of Directors on February 5, 2016, to establish the following terms and conditions regarding the offering stock acquisition rights as stock compensation-type stock options to its executive officer who does not serve concurrently as director of the Company, and to solicit subscribers to said stock acquisition rights, in the Company’s aim to share with its shareholders, the benefits and risks related to stock price fluctuations, and to further enhance the motivation and willingness among directors of the Company (excluding outside directors) as well as executive officers of the Company who do not serve concurrently as directors of the Company to improve the Company’s stock price and corporate value, pursuant to the provisions of Articles 236, 238 and 240 of the Corporation Law.

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https://www.automotiveworld.com/news-releases/agc-notice-allotment-stock-compensation-type-stock-options-2/

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