TOA Corporation
Notice Regarding Completion of Disposal of Treasury Stock by Third-Party Allotment Accompanying Additional Contributions to the Stock Compensation Trusts (BBT) and Stock Compensation Trust (J-ESOP)
1,700,000 shares of treasury stock were disposed of by third-party allotment at 4,070 yen per share, totaling 6,919,000,000 yen, with payment procedures completed on 2026-03-18.
Key Figures
- Number of shares disposed: 1,700,000 shares
- Disposal price (per share): ¥4,070
- Total disposal amount: 6,919,000,000 yen
AI要約
Overview of Treasury Stock Disposal
Toa Corporation completed payment procedures on March 18, 2026, for the disposal of 1,700,000 treasury shares by third-party allotment, totaling 6,919,000,000 yen, accompanying additional contributions to the Stock Compensation Trusts (BBT) and Stock Compensation Trust (J-ESOP). The recipient is a trust account targeting the Company's directors, executive officers, and employees, based on the performance-linked stock compensation plan and the employee stock compensation plan.
Impact on Shareholders and Future Outlook
This disposal involves treasury stock, and the number of treasury shares after disposal stands at 6,164,380 shares. The allotment recipient is the stock compensation trust under a trust agreement and is implemented as part of the stock compensation system for directors and employees, positioned as a measure contributing to enhancing shareholder value. Specific dilution rates or similar figures are not provided.