Toshiba Tec : Notification Regarding Completion of Payment for Disposal of Treasury Shares as Transfer-Restricted Stock-Based Compensation and Performance-Linked Transfer-Restricted Stock-Based Compensation
July 28, 2023 at 02:14 am EDT
Share
July 28, 2023
Company:
Toshiba Tec Corporation
Representative:
Hironobu Nishikori
Representative Director
President and Chief Executive Officer
(Securities code: 6588,
Tokyo Stock Exchange Prime Market)
Contact:
Akira Abe
General Manager of Corporate
Communications Division
(Tel: +81-3-6830-9151)
Notification Regarding Completion of Payment for Disposal of Treasury Shares as
Toshiba Tec Corporation (the "Company") hereby announces that it completed today the payment for disposal of treasury shares as Transfer-RestrictedStock-Based Compensation and Performance-Linked Transfer- Restricted Stock-Based Compensation which was resolved at the Board of Directors' meeting held on June 30, 2023. For more details on the disposal, please refer to "Notification Regarding Disposal of Treasury Shares as Transfer-RestrictedStock-Based Compensation and Performance-LinkedTransfer-RestrictedStock-Based Compensation" dated June 30, 2023.
Overview of Disposal of Treasury Shares
(1)
Deadline for disposal
July 28, 2023
(2)
Type and number of
19,657 shares of common shares of the Company
shares to be disposed of
(3)
Amount of disposal
4,170 yen per share
(4)
Total amount of disposal
81,969,690 yen
(5)
Persons eligible for the
(i) Transfer-RestrictedStock-Based Compensation for FY2023
allotment of shares and
Six (6) Executive Directors of the Company, 6,107 shares
the number of such
Seven (7) Vice Presidents who do not concurrently serve as Director
persons, and the number
of the Company, 3,528 shares
of shares to be allotted
(ii) Performance-LinkedTransfer-RestrictedStock-Based Compensation
to them
for FY2022
Three (3) Executive Directors of the Company (excluding retirees),
3,502 shares
Two (2) Executive Directors of the Company (retirees), 1,426 shares
Eight (8) Vice Presidents who do not concurrently serve as Director of
the Company (excluding retirees), 3,689 shares
Three (3) Vice Presidents who do not concurrently serve as Director of
the Company (retirees), 1,405 shares
Attachments
Original Link
Original Document
Permalink
Disclaimer
Toshiba TEC Corporation published this content on 28 July 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 July 2023 06:12:53 UTC.
TOSHIBA TEC CORPORATION is a Japan-based company mainly engaged in the development, manufacture, sale and maintenance of office machinery and electrical machinery. The Company operates through two business segments. The Retail Solutions segment is involved in the development, manufacture, sale and maintenance of point-of-sale (POS) systems for domestic and overseas markets, multifunction devices for the domestic market, auto identification (ID) systems for the domestic market and the other related products. The Printing Solutions segment is involved in the development, manufacture, sale and maintenance of multifunction devices for overseas markets, auto ID systems for overseas markets, inkjet heads for domestic and overseas markets and the other related products.
Toshiba Tec : Notification Regarding Completion of Payment for Disposal of Treasury Shares as Transfer-Restricted Stock-Based Compensation and Performance-Linked Transfer-Restricted Stock-Based Compensation
TOSHIBA TEC CORPORATION 
