Advantest Corporation
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 27, 2026, 11,229 shares of treasury stock were disposed of at 20,925 yen per share, totaling 234,966,825 yen, granted as restricted stock compensation to 12 eligible executive officers.
Key Figures
- Number of Shares Disposed: 11,229 shares (disposed as restricted stock compensation)
- Total Disposal Amount: 234,966,825 yen (calculated at 20,925 yen per share)
- Number of Recipients: 12 persons (1 executive officer concurrently serving as director, 11 non-concurrent executive officers)
AI要約
Outline of Capital Policy
At the Board of Directors meeting held on March 31, 2026, the Company resolved to dispose of 11,229 shares of treasury stock under the restricted stock compensation plan. The disposal price is 20,925 yen per share, totaling 234,966,825 yen. The recipients are 12 executive officers, including one serving concurrently as a director and 11 non-concurrent executive officers. The eligible executive officers contribute monetary claims in kind and receive restricted shares under this plan. The restriction period lasts from the payment date until the recipient resigns from their position as an officer of the Company, with certain conditions allowing for the lifting of transfer restrictions.
Impact on Shareholders and Management System
This disposal of treasury stock is conducted at a reasonable price based on the closing price on the business day preceding the Board of Directors meeting date and is not on particularly favorable terms. The restricted shares are managed in a dedicated account at Nomura Securities Co., Ltd., ensuring the effectiveness of the transfer restrictions. Provisions are established regarding lifting of restrictions and gratuitous acquisition in the event of organizational restructuring or similar circumstances, reflecting consideration for protecting shareholder value.
