Teijin : Notice Concerning Completion of Payment for the Disposal of Treasury Shares as “Restricted Stock”
July 17, 2024 at 10:19 am
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July 17, 2024
To Whom It May Concern:
Company: Teijin Limited
Representative: Akimoto Uchikawa, President and CEO Stock code: 3401 (Prime Market, Tokyo Stock Exchange)
Contact: Tetsuji Mikami, Deputy General Manager, Corporate Communication Department (Responsible for Investor Relations) TEL: +81-3-3506-4395
Notice Concerning Completion of Payment for the Disposal of Treasury Shares as
"Restricted Stock"
Teijin Limited (the "Company") hereby announces that it has completed the payment procedure today as described below regarding the disposal of treasury shares as "Restricted Stock" as resolved at the Board of Directors meeting held on June 20, 2024. For details regarding the disposal, please refer to "Notice Concerning the Disposal of Treasury Shares as "Restricted Stock"" issued on June 20, 2024.
Overview of the Disposal of Treasury Shares
(1)
Class and number of
101,615 ordinary shares of the Company
shares for disposal
(2)
Disposal price
¥1,391 per share
(3)
Total value of disposal
¥141,346,465
(4)
Allottees and number
Directors (excluding the Chairperson of Teijin Limited, Member of the Board, Senior
thereof, and number of
Advisor, Member of the Board, Mission Executive, Member of the Board and Outside
shares for disposal
Directors), 3 persons, 13,228 shares
Teijin Group Corporate Officers not concurrently serving as Directors, 12 persons,
30,583 shares
Mission Executives, 6 persons, 16,314 shares
Executive Officers of overseas Teijin Group companies, 11 persons, 41,490 shares
(5)
Date of disposal
July 17, 2024
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Teijin Limited published this content on
17 July 2024 and is solely responsible for the information contained therein. Distributed by
Public, unedited and unaltered, on
17 July 2024 09:18:02 UTC.
Teijin Limited is a diversified group organized around 5 areas of activity:
- manufacturing and distribution of textile products and clothes (37.6% of net sales): textile fibers, polyesters, polymers, etc.;
- production of synthetic fibers (35.5%): aramid, carbon and polyester fibers for industrial applications;
- manufacturing of care and health products (17.8%): medicines (for the treatment of metabolic, cardiovascular, bone, joint and respiratory diseases), and home care equipments (home oxygen therapy equipments and positive pressure fans);
- sale of IT products and services (6.9%);
- other (2.2%).
Net sales break down geographically as follows: Japan (58.6%), China (13.1%), Asia (6.9%), Americas (13.7%) and other (7.7%).
TEIJIN LIMITED 
