Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
July 17, 2025
To whom it may concern:
Company Name: | TAIYO YUDEN CO., LTD. |
Securities Code: | 6976 |
Listing: | Tokyo Stock Exchange (Prime Market) |
Representative: | Katsuya Sase, Representative Director, President and Chief Executive Officer |
Inquiries: | Tomomitsu Fukuda, Director, Senior Executive Operating Officer, Chief of Management Planning Headquarters |
Telephone: | +81-3-6757-8310 |
URL: | https://www.yuden.co.jp/en/ |
TAIYO YUDEN CO., LTD. (the "Company") announces that today it completed the payment procedures as described below with respect to the disposal of treasury stock as restricted stock remuneration, which was resolved at the meeting of the Board of Directors held on June 27, 2025. For details, please refer to the "Notice of Disposal of Treasury Stock as Restricted Stock Remuneration" released on June 27, 2025.
DETAILS
Overview of the Disposal
(1) | Payment date | July 17, 2025 |
(2) | Class and number of shares to be disposed | 197,034 shares of the common stock of the Company |
(3) | Disposal price | 2,522.5 yen per share |
(4) | Total value of shares to be disposed | 497,018,265 yen |
(5) | Recipients of disposal | Directors of the Company (*): 3 persons, 92,964 shares Operating Officers of the Company: 12 persons, 104,070 shares * Excluding Directors who are Audit & Supervisory Committee Members and Non-executive Directors including Outside Directors. |