Toho completes treasury share disposition for executive remuneration
Toho Co., Ltd. (TSE:9602) announced the completion of payment for the disposition of treasury shares related to restricted share remuneration, initially resolved at a Board of Directors meeting on May 29, 2025. The company disposed of 15,603 common shares at a disposition value of JPY7,662 per share, totaling JPY119,550,186. The shares were allocated to four directors (8,260 shares) and sixteen executive officers (7,343 shares). This initiative, as detailed in the May 29th announcement, is designed to align the interests of directors and executive officers with those of shareholders, fostering long-term corporate value and performance through equity-based compensation. The payment was completed on June 27, 2025.
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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