FilingReader Intelligence

Tosei Corp. to dispose of treasury stock for compensation

February 26, 2025 at 12:34 PM UTCBy FilingReader AI

Tosei Corporation announced the decision to dispose of 23,798 shares of its own common stock as part of its restricted stock compensation plans for both internal and external directors. The disposal, approved by the board of directors, involves a payment date of March 25, 2025, with a disposal price of ¥2,409 per share. Of the total shares, 20,725 are allocated to five internal directors, 401 to three external directors, and 2,672 to one executive officer. The plan aims to align directors' compensation with company performance and shareholder value.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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