Tokai Carbon : Notice Concerning Completion of Payment for the Disposal of Treasury Shares as Restricted Stock Remuneration(254KB)
April 19, 2024 at 02:04 am EDT
Share
April 19, 2024
Company name : TOKAI CARBON CO., LTD.
Representative : Hajime Nagasaka, President & CEO
(Stock Code: 5301 TSE Prime Market)
Contact : Zenta Morokawa,
General Manager, Secretariat
Telephone : +81-3-3746-5102
Notice Concerning Completion of Payment for the Disposal of Treasury Shares
as Restricted Stock Remuneration
TOKAI CARBON CO., LTD. (the "Company) hereby announces that, the Company today completed the disposal of treasury shares as restricted stock remuneration resolved at its Board Meeting held on March 28, 2024. For details, please see "Notice Concerning Disposal of Treasury Shares as Restricted Stock Remuneration" released on March 28, 2024.
Summary of the disposal
(1)
Class and number of shares to be
Common stock of the Company : 30,431 shares
disposed
(2)
Disposal price
1,005.5 yen per share
(3)
Total disposal amount
30,598,369 yen
(4)
Recipients of allotment and number
Directors of the company (excluding outside directors
of the recipients and number of
and internal directors stationed overseas)
shares to be disposed of
4 directors 30,431 shares
(5)
Disposal Date
April 19,2024
End of Notice
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Disclaimer
Tokai Carbon Co. Ltd. published this content on
19 April 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
19 April 2024 06:03:04 UTC.
Tokai Carbon Co., Ltd. is one of the Japanese leaders in manufacturing and marketing of coal and graphite products. The group is also producing industrial furnaces. Net sales break down by family of products as follows:
- coal and graphite products (69.6%): coal, graphite electrodes, special graphite and friction materials primarily for industrial, electronic, energy, automotive and mechanic applications;
- cathodes for smelting aluminum and furnace linings (18.1%);
- industrial furnaces and heating products (6.9%): for thermal processing of ceramic products, electronic components, metals, glasses, etc.;
- other (5.4%).
Net sales break down geographically as follows: Japan (24.6%), Asia (26.7%), the United States (26.5%), Europe (11.6%) and other (10.6%).
TOKAI CARBON CO., LTD. 
