FilingReader Intelligence

Advantest completes restricted stock disposal for former overseas employees

August 28, 2025 at 12:01 PM UTCBy FilingReader AI

Advantest Corporation, a leading semiconductor test equipment manufacturer, today announced the completion of the payment procedure for the disposition of treasury shares based on its post-delivery restricted stock unit plan. This follows a resolution made at the board of directors' meeting on July 29, 2025.

The disposition involved 5,318 shares of Advantest's common stock, priced at 10,465 yen per share, resulting in a total disposal amount of 55,652,870 yen. The shares were allocated to five former employees of Advantest's overseas affiliates, with payment completed on August 28, 2025.

This transaction aligns with Advantest's previously announced plan regarding the disposition of treasury stock under the post-delivery restricted stock unit plan. The move primarily benefits former employees of the company's international subsidiaries.

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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