- Investor Relations (IR)
- 2023.05.11
Notice of Completion of Disposal of Treasury Shares as Restricted Stock Compensation
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May 11, 2023
Company:Nippon Paint Holdings Co., Ltd.
Representative:Yuichiro Wakatsuki
Director, Representative Executive Officer & Co-President
Wee Siew Kim
Director, Representative Executive Officer & Co-President
(Code No.: 4612; TSE Prime)
Contact:Ryosuke Tanaka
Executive General Manager
Investor Relations, Sustainability and Public Relations
(TEL +81-50-3131-7419)
Notice of Completion of Disposal of Treasury Shares as Restricted Stock Compensation
Nippon Paint Holdings Co., Ltd. (the “Company”) is announcing that the disposal of treasury shares as restricted stock compensation was completed today as described below, based on the decisions made at the Remuneration Committee held on April 12, 2023 and by the Representative Executive Officers & Co-Presidents of the Company. For details, please refer to “Notice of Disposal of Treasury Shares as Restricted Stock Compensation” dated April 12, 2023.
Overview of the disposal
| (1) Class and number of shares disposed | Common shares of the Company: 100,800 shares |
|---|---|
| (2) Disposal price | 1,228 yen per share |
| (3) Total value of shares disposed | 123,782,400 yen |
| (4) Recipients and the number thereof; and the number of shares disposed | Directors of the Board of the Company: Six persons/100,800 shares |
| (5) Disposal date | May 11, 2023 |
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