Toyo Denki Seizo K.K.
Notice of Completion of Payment for Disposal of Treasury Shares as Restricted Stock Compensation
The company disposed of treasury shares as restricted stock compensation and completed the payment procedures. The disposed shares were 6,028 shares, the disposal price was 2,384 yen per share, and the total amount was 14,370,752 yen. The recipients are internal employees divided by position, and the date was October 9, 2026.
Key Figures
- Total number of disposed shares: 6,028 shares
- Disposal price: 2,384 yen/share
- Total disposal amount: 14,370,752 yen
AI要約
Overview
Toyo Denki Seizo K.K. announced that it conducted the disposal of treasury shares as restricted stock compensation and completed the payment procedures. The disposed shares amounted to 6,028 shares at 2,384 yen per share, totaling 14,370,752 yen. The recipients comprise five directors (excluding outside directors) receiving 2,850 shares and 14 executive officers who are not directors receiving 3,178 shares. The date was October 9, 2026.
Impact on shareholders and background
This transaction is a disposal of treasury shares as restricted stock compensation and is a stock-based remuneration movement distinct from dividends as a form of shareholder return. With the total disposal amount confirmed and the practical payment procedures for the stock compensation completed, this suggests transparency and proper implementation of the company's remuneration system. The dilution impact depends on the relationship between the number of disposed shares and the total number of outstanding shares; the document does not provide a dilution rate calculation.
Toyo Denki Seizo K.K.
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