MonotaRO : Completion of Payment for Disposal of Treasury Shares as Restricted Stock Compensation for Executive Officer
April 28, 2022 at 07:04 am
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To Investors:
April 28, 2022
MonotaRO Co, Ltd
(Securities Code: 3064, Tokyo Prime Market)
IR Contact: +81-6-4869-7190
Mail:pr@monotaro.com
Notice: Completion of Payment for Disposal of Treasury Stocks as Restricted Stock
Compensation for Executive Officer
MonotaRO Co., Ltd. (hereinafter "the Company") announces that payment procedures has been completed today as follows for disposal of treasury stocks as restricted stock compensation, which was resolved at the Board of Directors meeting held on March 29, 2022. Please refer to "Notice Disposal of Treasury Stock as Restricted Stock Compensation for Executive Officer" announced on March 29, 2022 for further information.
Outline of disposal
(1) Disposal date
April 28, 2022
(2) Class and number of stocks to be disposed
35,122 stocks of common stock of the Company
(3) Disposal price
2,835 JPY per stock
(4) Total value of stocks to be disposed
99,570,870 JPY
(5) Allotted to
Seven Executive Officers of the Company 35,122 stocks
End of notice
Note : This document has been translated from the Japanese original for reference purposes only.
In the event of any discrepancy between this translated document and the Japanese original, the original prevails.
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MonotaRO Co. Ltd. published this content on 28 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2022 06:03:06 UTC.
MonotaRO Co.,Ltd. is a Japan-based company principally engaged in the sale of factory indirect materials. The Company sells factory indirect materials to customers, mainly small and medium-sized manufacturing companies in Japan and overseas, by mail order using e-commerce (distribution based on the Internet). The Company publishes products purchased from domestic and foreign wholesalers and manufacturers in the web catalog of its Website and in the paper catalog distributed to each customer, and sells them directly to domestic and foreign end users. The products handled by the Company are mainly factory indirect materials, such as consumables and repair products that are routinely used in factories. The Company is also involved in the development of private brands for some products with high demand from customers.