Taiheiyo Cement Corporation
Notice on Completion of Payment for Disposal of Treasury Stock as Restricted Stock Incentive for Employee Shareholding Association and Partial Forfeiture
On March 13, 2026, Taiheiyo Cement completed payment for the disposal of 129,360 shares of treasury stock, totaling 528,306,240 yen, as restricted stock incentives for the employee shareholding association, with a reduction in the number of disposed shares due to partial forfeiture.
Key Figures
- Number of shares disposed: 129,360 shares (decreased from initial 179,130 shares)
- Total disposal amount: 528,306,240 yen (decreased from initial 731,566,920 yen)
- Disposal price: 4,084 yen per share (unchanged)
AI要約
Overview of Treasury Stock Disposal
Taiheiyo Cement Corporation carried out the disposal of treasury stock as restricted stock incentives for the employee shareholding association based on a board resolution dated November 11, 2025. The payment procedure was completed on March 13, 2026, with the number of disposed shares totaling 129,360 and total disposal amount 528,306,240 yen. This reflects a decrease from the initially planned 179,130 shares and 731,566,920 yen due to partial forfeiture. The disposal price remained unchanged at 4,084 yen per share. The disposal method was a third-party allotment, with the Taiheiyo Cement Employee Shareholding Association being the allottee.
Reason for Changes and Future Outlook
The changes in the number of shares and total disposal amount are due to the finalization of the number of members who agreed to the restricted stock incentive system after the end of the membership promotion for the employee shareholding association. The impact of this third-party allotment on the consolidated performance for the fiscal year ending March 2026 is expected to be minimal. Should any matters requiring disclosure arise in the future, they will be promptly announced.
