Toenec Corporation
Notice Regarding Completion of Payment for Disposal of Treasury Stock as Restricted Stock Incentives to Employees’ Shareholding Association and Partial Forfeiture
On April 2, 2026, 634,600 shares of treasury stock were disposed of to the employees' shareholding association at 1,855 yen per share, totaling 1,177,183,000 yen, with some changes in the number of shares and total amount.
Key Figures
- Number of shares disposed: 634,600 shares (previously 663,800 shares)
- Disposal price: 1,855 yen per share (no change)
- Total disposal amount: 1,177,183,000 yen (previously 1,231,349,000 yen)
AI要約
Overview of Treasury Stock Disposal
Toheneck Corporation disposed of 634,600 shares of treasury stock as restricted stock incentives to the employees' shareholding association on April 2, 2026, at 1,855 yen per share, totaling 1,177,183,000 yen. This represents a decrease from the initially planned 663,800 shares and total amount of 1,231,349,000 yen due to partial forfeiture. The disposal was conducted by private placement to the Toheneck Employees' Shareholding Association.
Reason for Changes and Future Impact
The changes in the number of shares disposed and the total disposal amount are due to the finalization of the number of members consenting to the restricted stock incentive program for the employees' shareholding association. While the number of shares disposed decreased compared to the original plan, the disposal of treasury stock aimed at providing employee incentives has been completed. Investors may see a reduced dilution impact; however, no specific details on the use of funds or direct impact on business performance are provided.
