Sanyo Denki Co., Ltd.
Notice on Payment Completion for Share Buyback Acquired under Restricted Stock Compensation
Payment procedures for the disposal of treasury stock have been completed. Disposed shares: 15,221 ordinary shares; disposal price: 5,840 yen per share; total: 88,890,640 yen. Recipients: 4 directors (excluding outside directors) and 11 executive officers.
Key Figures
- Total disposed shares: 15,221 shares
- Disposal price: 5,840 yen/share
- Total disposal amount: 88,890,640 yen
AI要約
Background and Overview
Yamato Electric disclosed that it has today completed the payment procedures for the disposal of treasury stock under restricted stock compensation. The target shares are 15,221 ordinary shares, the disposal price is 5,840 yen per share, totaling 88,890,640 yen. Recipients are 4 internal directors (excluding external directors) and 11 executive officers.
Impact and Outlook
This disposal of treasury stock is linked to stock compensation as part of compensation, and its impact on capital structure and dilution depends on the composition of recipients. The completion of payment marks the completion of the practical steps in capital policy. Further disclosures should be monitored as appropriate.
Yamato Electric Co., Ltd.
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