Tsubakimoto Kogyo Co., Ltd.
Notice of Completion of Payment and Partial Forfeiture for Disposal of Treasury Stock as Restricted Stock Incentives for Employee Shareholding Association
Announcement of completion of payment and partial forfeiture for the disposal of treasury stock as restricted stock incentives for the employee shareholding association. After the change, 81,840 shares are to be disposed and the total disposal amount is 238,972,800 yen; before the change it was 88,000 shares and 256,960,000 yen.
Key Figures
- 81,840 shares: Number of shares to be disposed (After change)
- 238,972,800 yen: Total disposal amount (After change)
- 88,000 shares: Number of shares to be disposed (Before change)
AI要約
Summary of Contents
Tsubakimoto Kogyo Co., Ltd. implemented the disposal of treasury stock as restricted stock incentives for the employee shareholding association. Payment has been completed, and the company announced that the number of shares to be disposed and the total amount have changed due to the finalization of the plan participants. After the change, 81,840 shares will be disposed and the total amount will be 238,972,800 yen.
Impact on Shareholders and Future Developments
The change relates to the incentive program for the employee shareholding association; the material does not state any dilution impact on general shareholders. Future developments are unknown due to uncertainties, but this was implemented as part of the program's operation.
Tsubakimoto Kogyo Co., Ltd.
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