Wacom : Notice of Completion of Payment for Disposal of Treasury Shares Used for Restricted Stock Compensation
August 01, 2022 at 02:14 am EDT
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August 1, 2022
Notice of Completion of Payment for Disposal of Treasury Shares Used
for Restricted Stock Compensation
Tokyo, August 1, 2022 ----- Wacom Co., Ltd. (the "Company") hereby announces that it today
completed the procedure of payments in kind regarding the disposal of treasury shares used for restricted stock compensation, which the Board of Directors resolved in its meeting held on July 11, 2022, as described below. For details, refer to the announcement of "Notice of Disposal of Treasury Shares Used for Restricted Stock Compensation" on July 11, 2022.
1. Outline of disposition
(1)
Payment date
August 1, 2022
(2)
Class and number of shares
Ordinary shares of the Company, 35,500 shares
to be disposed of
(3)
Disposal price
845 yen per share
(4)
Total disposal amount
29,997,500 yen
(5)
Method of offering or allotment
Allotment of restricted stock
(6)
Implementation method of
By monetary compensation claims as contributed assets
investment
(7)
Planned allottees and number
Four (4) directors of the Company (excluding outside Directors
of shares to be allotted
and Directors who are Audit Committee Members): 35,500 shares
This is translated to English from a Japanese announcement solely for convenience of non- Japanese readers.
For inquiries:
IR, Wacom Co., Ltd.
Telephone: +81-3-5337-6502
IR Website:
https://investors.wacom.com/en-jp/
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Wacom Co. Ltd. published this content on 01 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 August 2022 06:13:22 UTC.
Wacom Co Ltd is a Japan-based company mainly engaged in the development, manufacturing, and sale of brand products and technology solution products, as well as service operations. The Company operates through two business segments. The Technology Solutions segment is engaged in the provision of digital pens, sensors, touch panel components and modules. They are used for mobile devices such as tablet computers, e-books and mobile terminals. The Branded Products segment provides three kinds of services. Creative business provides pen tablets, mobiles and displays. The consumer business provides stylus pens, smart pads, and digital stationery. They are mainly used for illustration and memo making on digital terminals. Business solutions provides pen tablets. They are mainly used in the fields of education, medical care, and digital signatures.
WACOM CO., LTD. 
