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Statement re Stock Comp. Plan for Exec. Officers

28 May 2015 11:48

RNS Number : 4994O
Mitsubishi Electric Corporation
28 May 2015
 

 

 

 

FOR IMMEDIATE RELEASE

No. 2937

 

Investor Relations Inquiries

Media Inquiries

Katsunobu Muroi

Investor Relations Group, Corporate Finance Division

Public Relations Division

Mitsubishi Electric Corporation

Mitsubishi Electric Corporation

Tel: +81-3-3218-2346

Cad.Irg@rk.MitsubishiElectric.co.jp

prd.gnews@nk.MitsubishiElectric.co.jp

http://www.MitsubishiElectric.com/news/

 

Mitsubishi Electric to Announce about Introduction of Performance-based Stock Compensation Plan for the Executive Officers

 

TOKYO, May 28, 2015- Mitsubishi Electric Corporation (TOKYO: 6503) announced today that, at the Compensation Committee's meeting held on May 28, 2015, the company has resolved to revise the compensation scheme for the Executive Officers and to adopt, as a new incentive plan, a performance-based stock compensation plan ("the Plan"), with the main purposes of realizing a higher level of growth and further developing management awareness that places importance on the interest of shareholders.

 

http://www.rns-pdf.londonstockexchange.com/rns/4994O_1-2015-5-28.pdf

This information is provided by RNS
The company news service from the London Stock Exchange
 
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23rd Mar 20107:00 amRNSRevised Earnings Forecast for Fiscal 2010
2nd Mar 20107:00 amRNSCompletion of Payment for New Shares,etc
23rd Feb 201010:30 amRNSPricing of Equity Issuance
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9th Feb 201011:21 amRNSIssue of Equity
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30th Apr 200911:27 amRNSFinal Results
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2nd Feb 200910:04 amRNSRevised Earning Forecast for Fiscal 2009
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30th Oct 20089:18 amRNSRevised Earning Forecast for Fiscal 2009
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