July 31, 2025
Company Name: CHUGOKU MARINE PAINTS, LTD.
Representative: Kenshi Date, President & CEO
(Prime Market of the Tokyo Stock Exchange, Code No. 4617)
Notice Concerning Completion of Payment for Disposal of Treasury Stock as Restricted Stock CompensationCHUGOKU MARINE PAINTS, LTD. (the "Company") hereby announces that payment procedures completed today regarding the disposal of treasury stock ("disposal'') as restricted stock compensation, as resolved at the Board of Directors meeting held on July 4, 2025. For details of this matter, please refer to the "Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation" dated July 4, 2025.
Overview of disposal1 | Class and number of shares slated for disposal | 37,000 shares of common stock of the Company |
2 | Disposal price | 2,704 yen per share |
3 | Total disposal amount | 100,048,000 yen |
4 | Number of intended recipients and shares to be allocated | Four Directors of the Company (excluding outside directors): 27,000 shares Four Senior Executive Officers not concurrently serving as Directors: 8,000 shares Two Executive Officers not concurrently serving as Directors : 2,000 shares |
5 | Payment date | July 31, 2025 |