KOSÉ : Notice of Completion of Payment for the Disposal of Treasury Shares for Restricted Stock Compensation
August 21, 2020 at 02:04 am EDT
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August 21, 2020
KOSÉ Corporation
President & CEO: Kazutoshi Kobayashi
Stock exchange listing: Tokyo Stock Exchange, First Section; Stock code: 4922
Contact: Hitonori Nakata, General Manager of IR Department
Tel: +81-(0)3-3273-1511
Notice of Completion of Payment for the Disposal of Treasury Shares for Restricted Stock Compensation
KOSÉ Corporation hereby announces that the procedures of the payment for the disposal of treasury shares for restricted stock compensation were completed today, following the resolution of the Board of Directors on July, 22, 2020. For details, please refer to the July 22, 2020 release titled "Notice of Disposal of Treasury Shares for Restricted Stock Compensation."
Summary of disposal of treasury shares
(1)
Deadline
August 21, 2020
(2)
Type and number of shares
KOSÉ common stock: 4,390 shares
(3)
Price
12,310 yen per share
(4)
Total proceeds
54,040,900 yen
(5)
Purchasers of treasury shares
5 Directors of KOSÉ: 4,390 shares
Note: Excluding External Directors
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Kosé Corporation published this content on 21 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 August 2020 06:04:13 UTC
KOSE Corporation is a Japan-based company principally engaged in the manufacture and sale of cosmetic products. The Company operates in two business segments. Make-up segment is engaged in the manufacture and sale of products under the brands of KOSE, Sekkisei, ESPRIQUE, COSME DECORTE, Predia, INFINITY, JILLSTUART, ADDICTION, CLIE, ALBION, tarte, among others. Cosmetry segment is engaged in the manufacture and sale of products under the brands of Visee, Fasio, ELSIA, softymo, SUNCUT, CLEAR TURN, Stephen Knoll New York, Nature & Co, among others. The Company is also involved in the manufacture and sale of amenity products, the leasing of real estate properties, the manufacture and export of materials, as well as the original equipment manufacturing (OEM) business.
KOSÉ CORPORATION 
