Tokai Carbon : Notice Concerning Disposal of Treasury Shares as Restricted Stock Remuneration(37KB)
April 27, 2023 at 02:07 am EDT
Share
April 27, 2023
Company name
: Tokai Carbon Co., Ltd.
Representative
: Hajime Nagasaki, President & CEO
(Stock Code: 5301 Prime Market, Tokyo Stock Exchange)
Contact
: Midori Hajikano,
General Manager, Secretariat
Telephone
: +81-3-3746-5103
Notice Concerning 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 30, 2023. For details, please see "Notice Concerning Disposal of Treasury Shares as Restricted Stock Remuneration" released on March 30, 2023.
1. Summary of the disposal
(1)
Class and number of shares to be
Common stock of the Company : 22,311
disposed
(2)
Disposal price
1,228 yen per share
(3)
Total disposal amount
27,397,908 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 22,311 shares
(5)
Disposal Date
April 27,2023
End of Notice
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Disclaimer
Tokai Carbon Co. Ltd. published this content on 27 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2023 06:06:06 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. 
