Tokushu Tokai Paper Co., Ltd.
[Tokushu Tokai Paper] Disposal of Treasury Stock and Introduction of Stock Compensation System | June 2026
Tokushu Tokai Paper will dispose of 38,600 shares of treasury stock on July 24, 2026, as part of a stock compensation system, granting restricted stock to directors and officers. The disposal price is 1,812 yen, with a minor dilutive effect of 0.1%. The introduction of the system aims to enhance corporate value and share risk with shareholders.
Key Figures
- Number of Shares Disposed: 38,600 shares
- Disposal Price: 1,812 yen
- Total Disposal Amount: 69,943,200 yen
AI要約
Disposal Details and Purpose
Tokushu Tokai Paper will dispose of 38,600 shares of treasury stock on July 24, 2026, raising a total of 69,943,200 yen at 1,812 yen per share. This disposal is part of a stock compensation system, providing restricted stock to directors and officers to be transferred with restrictions, aimed at sustainable enhancement of corporate value and risk sharing with shareholders. The system's implementation ensures a minimal dilutive impact of 0.1%.
System Details and Future Outlook
This system grants restricted stock to targeted directors and officers, imposing transfer restrictions for a specified period. The restriction period lasts until resignation or retirement, with the possibility to acquire shares free of charge upon resignation. This promotes long-term commitment to increasing corporate value and shares risk with shareholders. The dilutive effect is minimal, and the system's rationality is highly evaluated.
Tokushu Tokai Paper Co., Ltd.
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