TPR Co., Ltd.
Notice Regarding Disposal of Treasury Stock by Third-Party Allotment Accompanying Additional Contributions to Stock Compensation Trusts (BBT-RS and BBT)
On March 13, 2026, disposal of 468,700 common shares at 1,386 yen per share totaling 649,618,200 yen. Equivalent to 0.68% of total shares outstanding.
Key Figures
- Number of Shares Disposed: 468,700 shares
- Disposal Price: 1,386 yen (per share)
- Total Disposal Amount: 649,618,200 yen
AI要約
Overview of Treasury Stock Disposal
TPR Inc. resolved on March 13, 2026, to dispose of treasury stock by third-party allotment in order to make additional contributions to stock compensation trusts (BBT-RS and BBT). The number of shares to be disposed of is 468,700, the disposal price is 1,386 yen per share, and the total disposal amount is 649,618,200 yen. The recipient is The Japan Custody Bank, Ltd. (Trust E Account), intended for the purpose of operating the stock compensation system for directors and others.
Impact on Shareholders and Reasonableness of Disposal Price
The number of shares disposed of corresponds to 0.68% of the 68,600,198 shares issued and outstanding as of September 30, 2025, and the scale of dilution is judged reasonable. The disposal price is based on the closing price on the business day prior to the board of directors resolution date, and the audit & supervisory board members have expressed that the disposal price is not particularly advantageous. According to Tokyo Stock Exchange regulations, consultation with an independent third party or shareholder approval procedures are not required.
