Toagosei completes treasury share disposal for stock compensation

Toagosei Co., Ltd. today announced the completion of payment procedures related to the disposal of treasury shares as restricted stock compensation. The decision for this disposal was made during a Board of Directors meeting held on April 21, 2025. A total of 72,900 common shares were disposed of at a price of JPY1,340 per share, resulting in a total disposal value of JPY97,686,000. Share recipients include directors of the company (20,100 shares), executive officers (40,800 shares), fellows of the company (4,800 shares), directors of subsidiaries (4,800 shares), and executive officers of subsidiaries (2,400 shares). Certain directors and officers are excluded from the share distribution. Further details can be found in the company's announcement dated April 21, 2025.