Hanwa disposes of treasury stock for executive remuneration plan

Hanwa (TSE:8078) announced the disposal of treasury stock as restricted stock remuneration for its executive directors and officers. The decision, made at a recent Board of Directors meeting, involves the issuance of 26,487 shares of Hanwa common stock, priced at JPY 5,320 per share, totaling JPY 140,910,840. Six executive directors will receive 12,966 shares, and fifteen executive officers will receive 13,521 shares. The payment date is scheduled for July 23, 2025.