House Foods Group Inc.
Notice on the Completion of Payment for the Redemption of Treasury Stock Granted as Restricted Stock Compensation
Report on completion of payment for treasury stock disposal. Number of disposed shares: 12,287 shares (non-transferable type 8,189 shares, performance-linked type 4,098 shares); disposal price: 3,873 yen per share; total amount: 47,587,551 yen. Targeted to 7 directors (excluding those who are audit committee members) in total.
Key Figures
- Total number of disposed shares: 12,287 shares
- Disposal price: 3,873 yen per share
- Total disposal amount: 47,587,551 yen
AI要約
Overview
Today, we announce that the payment procedures for the disposal of treasury stock granted as restricted stock compensation have been completed. The disposed shares are 12,287 in total, comprising 8,189 shares of pre-delivery-type restricted stock and 4,098 shares of performance-linked restricted stock. The stock price is 3,873 yen per share, with a total amount of 47,587,551 yen. The disposal recipients are seven of our directors (excluding those who are audit committee members).
Impact and Outlook
The disposal of treasury stock could dilute the shareholders' equity, but this matter is a practical process to complete the restricted stock compensation, and there is no direct mention of impact on future performance or capital policy in the text. It is emphasized that a securities notification has been filed in accordance with the Financial Instruments and Exchange Act.
House Foods Group Headquarters Co., Ltd.
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