MANAC Chemical Partners Co.,Ltd
Notice on Completion of Payment for Share Buyback Held as Restricted Stock
Disposal of treasury stock granted as restricted stock awards has been paid in. Disposed shares: 70,000 shares; disposal price: 814 yen per share; total: 56,980,000 yen. Disposals to four directors excluding the Audit & Supervisory Committee, and three directors who are Audit & Supervisory Committee members (including one external director among them).
Key Figures
- Number of treasury stock disposed: 70,000 shares
- Disposal price: 814 yen / share
- Total disposal amount: 56,980,000 yen
AI要約
Summary of disposition
On August 21, 2026, the disposition of treasury stock was executed, and payment for treasury stock granted as restricted stock awards has been completed. Disposed shares: 70,000 shares; disposal price: 814 yen per share; total: 56,980,000 yen. Disposed to four directors excluding the Audit & Supervisory Committee, and three directors who are Audit & Supervisory Committee members (including one external director among them).
Background and purpose
The disposition of treasury stock as restricted stock awards aims to contribute to appropriate executive compensation design and incentives for increasing corporate value. Specific background and objectives are not detailed in this material, but given the grant structure, it is presumed to be part of performance-based compensation for executives.
Manac Chemical Partners Co., Ltd.
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