Name of Listed Company: Yokogawa Electric Corporation
(URL: http://www.yokogawa.com) (Stock code: 6841, listed on TSE 1st section) Name and Position of the Representative:
Takashi Nishijima, President and Chief Executive Officer Name and Position of the Person in Charge:
Sadamu Kawanaka, General Manager of Corporate Communications Department Telephone Number: 81-422-52-5530
October 3, 2016
Completion of Disposal of Treasury Shares as Restricted Stock CompensationYokogawa Electric Corporation is notifying you that, we completed the disposal of treasury shares on September 30, 2016 as we informed in "Notice of Disposal of Treasury Shares as Restricted Stock Compensation" on September 6, 2016.The result of treasury shares are as follows.
1. Overview of Disposal(1) | Disposal date | September 30, 2016 |
(2) | Class and number of shares to be disposed | 269,100 shares of common stock of the Company |
(3) | Disposal price | ¥1,288 per share |
(4) | Total value of share disposal | ¥346,600,800.- |
(5) | Method of offer or disposal | Allotment of restricted stocks |
(6) | Method of contribution | In-kind contribution of monetary compensation receivables |
(7) | Allottees and number thereof; number of shares to be allotted | Directors* 4 123,800 shares Vice Presidents 9 145,300 shares * Excluding Chairman of the Board of Directors Shuzo Kaihori, President and Chief Executive Officer Takashi Nishijima, and Outside Directors. |
Yokogawa Electric Corporation published this content on 03 October 2016 and is solely responsible for the information contained herein.
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Original documenthttp://www.yokogawa.com/pr/ir/pdf/2016/20161003-en.pdf
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