Sumitomo Rubber Industries, Ltd.
Notice of Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation
On April 24, 2026, Sumitomo Rubber Industries, Ltd. announced the disposal of 11,000 shares of treasury stock as restricted stock compensation with a total amount of JPY 23,375,000, and the completion of payment.
Key Figures
- Number of shares disposed: 11,000 shares
- Disposal price: JPY 2,125 per share
- Total disposal amount: JPY 23,375,000
AI要約
Overview of Capital Policy
Sumitomo Rubber Industries, Ltd. announced the disposal of 11,000 shares of treasury stock as restricted stock compensation, with the payment completed on April 24, 2026. The disposal price was JPY 2,125 per share, and the total disposal amount was JPY 23,375,000. The disposal method was allocation of specified restricted stock, funded by in-kind contribution of monetary reward claims. The eligible persons were five directors excluding outside directors.
Impact on Shareholders and Future Outlook
This treasury stock disposal was conducted as restricted stock compensation mainly as part of the directors’ remuneration system. The number of shares and total disposal amount are limited, and the impact on shareholders’ interests is considered minimal. Ongoing attention is required regarding the operation of similar remuneration systems in the future.
Sumitomo Rubber Industries, Ltd.
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