- Investor Relations (IR)
- 2024.05.14
Notice of Completion of Disposal of Treasury Shares as Restricted Stock Compensation
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May 14, 2024
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 Compensation Committee held on April 19, 2024 and 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 19, 2024.
Overview of the disposal
| (1) Class and number of shares to be disposed | Common shares of the Company: 81,600 shares |
|---|---|
| (2) Disposal price | 1,008.5 yen per share |
| (3) Total value of shares to be disposed | 82,293,600 yen |
| (4) Recipients and the number thereof; and the number of shares to be disposed | Directors of the Board of the Company: 6 persons / 81,600 shares |
| (5) Disposal date | May 14, 2024 |
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