Tosoh Corporation
Notice on the Disposition of Treasury Stock as Stock-Based Compensation
The Board of Directors resolved to allocate shares to eligible grantees as restricted stock-based compensation; disposal date is August 4, 2026, total number of shares disposed is 93,319, total disposal value is 252,754,512 yen. Recipients: 5 directors and 31 corporate officers. Restriction period ends at resignation date, with conditions under which restrictions may be lifted. An interim report under the Financial Instruments and Exchange Act has been submitted.
Key Figures
- Number of shares to be disposed: 93,319 shares
- Total disposal value: 252,754,512 yen
- Disposal date: August 4, 2026
AI要約
Overview of this matter
Tosoh Corporation has resolved at its Board of Directors meeting to dispose of treasury stock as restricted stock-based compensation. The disposal date, number of shares, disposal price, and recipients are 5 directors and 31 corporate officers, for a total of 252,754,512 yen. The restriction period lasts until resignation, with conditional解除 of restrictions. An interim report under the Financial Instruments and Exchange Act has been filed.
Upcoming schedule and impact
The disposal will be conducted on August 4, 2026, and the recipients will acquire the allocated shares upon signing the contract. Detailed provisions cover the conditions and period for解除 of the restricted shares, and handling in the event of organizational changes, which may affect shareholder value and liquidity of the shares.
Tosoh Corporation
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