Sankyo Kasei Corporation
Notice on the Completion of Allocation of Treasury Stock Disposition as Restricted Stock Units
Allocation of treasury stock disposition as restricted stock units has been completed. Number of shares disposed: 1,832 shares, disposition price per share: 4,055 yen, total amount: 7,428,760 yen. Allocation recipients are five directors (excluding directors who are Audit Committee members and outside directors).
Key Figures
- Disposed shares: 1,832 shares
- Disposition price: 4,055 yen
- Total disposition amount: 7,428,760 yen
AI要約
Key points of the news
The disposition procedure of treasury stock as restricted stock units has been completed. The target shares are 1,832 common shares, with a disposition price of 4,055 yen per share, totaling 7,428,760 yen. Allocation recipients are five directors (excluding directors who are Audit Committee members and outside directors).
Background and impact
This disposition is granted to directors as part of stock compensation at no cash payment. It is conducted as part of the stock compensation system; while it affects the composition of executive officers, there is no disclosure of capital cost or dilution in the overall materials. The impact on shareholder value going forward is unknown.
Sankyo Kasei Kabushiki Kaisha
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