Arisawa Mfg : Notice Regarding Completion of Payment for Disposal of Treasury Stock as Restricted Stock Compensation(97KB)
August 01, 2023 at 04:44 am EDT
Share
July 28, 2023
Company name: Arisawa Mfg. Co., Ltd.
Representative: Yuta Arisawa, Representative Director and CEO (Securities code: 5208, TSE Prime Market)
Contact: Takeshi Masuda, Director and Senior Managing Operating Officer
(TEL: +81-25-524-7101)
Notice Regarding Completion of Payment for Disposal of Treasury Stock
as Restricted Stock Compensation
Arisawa Mfg. Co., Ltd. ("the Company") hereby announces as follows that payment for the disposal of its treasury stock as restricted stock compensation has been completed today, which was resolved at the meeting of the Board of Directors held on June 29, 2023. For details of this matter, please refer to "Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation" announced on June 29, 2023.
Overview of the Disposal of Treasury Stock
(1)
Class and number of share to be
41,477 shares of common stock of the Company
disposed
(2)
Disposal price
1,109 yen per share
(3)
Total value of share disposal
45,997,993 yen
(4)
Grantees of shares and number thereof;
The Company's directors (excluding outside directors):
number of shares to be allotted
4 directors, 41,477 shares
(5)
Disposal date
July 28, 2023
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Disclaimer
Arisawa Mfg Co. Ltd. published this content on 01 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2023 08:43:09 UTC.
Arisawa Mfg Co Ltd is a Japan-based mainly engaged in the manufacturing and sales of electronic materials, display materials, electric insulation materials, and industrial structural materials. The Company operates through four segments. Electronic Materials segment produces materials for flexible and rigid printed wiring boards. Industrial Structural Materials segment produces filament winding (FW) moldings, aircraft honeycomb panels and prepregs, pultrusion moldings, fiber reinforced plastic (FRP) ski seats, and others. Electrical Insulation Materials segment produces glass cloth, glass tapes, and prepregs for electric insulation. Display Materials segment produces three-dimensional (3D) display filters, special optical components and others.