Dai Nippon Toryo Company, LimitedTSE: 4611

Notice Concerning Disposal of Treasury Shares as Restricted Share-Based Remuneration

· Issued by Dai Nippon Toryo Company, Limited via TDnet

Filed with TSE · · 4 pages · English

Summary by 6ix AI

Dai Nippon Toryo Company, Limited has announced the disposal of treasury shares as restricted share-based remuneration, resolved at a recent Board of Directors meeting. The company plans to allot a specific number of shares to its Directors and Executive Officers to enhance their motivation and align their interests with shareholders. The disposal price is based on the market price prior to the resolution, ensuring fairness in the transaction. The transfer of allotted shares will be restricted until the recipients retire or resign from their positions.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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