Tokai Carbon Co., Ltd.
(Correction) Partial Correction Notice Regarding the Disposal of Treasury Stock as Restricted Stock Compensation
Announced a partial correction regarding the disposal of 40,440 shares of treasury stock (disposal price 949.5 yen per share, total 38,397,779 yen) as restricted stock compensation to five directors on April 17, 2026.
Key Figures
- Number of shares disposed: 40,440 shares (post-correction)
- Disposal price (per share): 949.5 yen
- Total disposal amount: 38,397,779 yen
AI要約
Overview of Disposal
Tokai Carbon Co., Ltd. has issued a correction notice stating that it plans to dispose of 40,440 shares of treasury stock as restricted stock compensation to five directors on April 17, 2026. The disposal price is 949.5 yen per share, totaling 38,397,779 yen. The restriction period is set at 30 years, intended to achieve long-term shared shareholder value.
Details and Purpose of Correction
An error was found in the earlier notice regarding the disposal of treasury stock published on March 27, 2026, where the number of shares to be disposed was corrected from 40,400 shares to 40,440 shares. This disposal aims to enhance directors' motivation by granting monetary reward claims of 38,397,779 yen and 40,440 common shares.
