Tokyo Cosmos Electric Co., Ltd.
Notice on Completion of Share Buyback Allocation under Restricted Stock
Disposal of treasury stock as restricted stock for directors completed. Target: 4 directors, total 6,910 shares. Application date: 2026/08/07, valuation amount: 7,400,610 yen, no-payment allocation.
Key Figures
- Number of shares to be disposed: 6,910 shares
- Total disposal amount: 7,400,610 yen
- Allocation date: August 7, 2026
AI要約
Overview
This notice informs that the allocation of treasury stock as restricted stock remuneration has been completed, with the recipients being four directors (excluding directors who are audit committee members and non-resident directors). The number of allocated shares is 6,910, and no cash payment is required (zero-cost allocation). The fair value is 7,400,610 yen, and the allocation date is August 7, 2026.
Impact and key points going forward
The disposal of treasury stock as compensation for executives is expected to have a limited short-term financial impact, given the limited number of shares and the zero-cost allocation, in terms of capital costs and dilution. Further details will be disclosed subsequently.
Tokyo Cosmos Electric Co., Ltd.
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