Toshiba Tec Corporation

6588.T
Computer Hardware
2026/08/21 Updated
Market Cap: $1.0B (¥161.1B)
Stock Price: $19.12 (¥3,040)
Exchange Rate: 1 USD = ¥158.98

Notice of Disposal of Treasury Stock as Restricted Stock Compensation and Performance-Linked Restricted Stock Compensation

Resolved to dispose of treasury stock as restricted stock compensation and performance-linked restricted stock compensation. Disposal date: 2026/7/28, 34,651 shares to be disposed, total approximately ¥99,413,719, allocated to executive officers and senior employees. Payment price per share is ¥2,869. Details of future transfer restrictions and related agreements will also be disclosed.

Importance:
Page Updated: June 29, 2026
IR Disclosure Date: June 29, 2026

Key Figures

  • 34,651 shares: Disposed shares
  • ¥99,413,719: Total disposal amount
  • ¥2,869: Payment amount per share

AI要約

Overview

This announcement informs that the Board of Directors has resolved to dispose of treasury stock as restricted stock compensation and as performance-linked restricted stock compensation. The disposal date is July 28, 2026, targeting executive officers and senior employees, with a total of approximately ¥99,413,719 in value and a total of 34,651 shares to be issued or disposed of. The purchase price has been set at ¥2,869, based on the market closing price.

Impact and Future Outlook

This disposal of treasury stock is part of the company's stock compensation program aimed at enhancing motivation and improving long- to medium-term performance. Detailed contractual conditions, including rights exercise conditions, transfer restrictions,解除条件 (release conditions), and handling during organizational restructuring, will be disclosed. Additionally, conditions for account management and transfer restrictions to ensure management and compliance will be clearly specified.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Toshiba Tec Corporation

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