Payment for the Disposition of Treasury Stock
Source: RNS
June 26, 2020
To Whom It May Concern:
Company Name: Toyota Motor Corporation
Name and Title of Representative:
Akio Toyoda, President
(Code Number: 7203
First Section of Tokyo Stock Exchange and
Nagoya Stock Exchange)
Name and Title of Contact Person:
Kaname Shimizu, General Manager, Accounting Division
(Telephone Number: 0565-28-2121)
Notice Concerning the Completion of Payment for the Disposition of Treasury Stock
under the Restricted Stock Compensation Plan
We hereby inform that, as of today, the payment for the Disposition of Treasury Stock under the restricted stock compensation plan resolved at the meeting of the board of directors held on June 11, 2020 has been completed as follows. Please see "Notice Concerning the Disposition of Treasury Stock under the Restricted Stock Compensation Plan" dated on June 11, 2020 for detailed information on this matter.
Outline of the Disposition of Treasury Stock
|
(1) |
Class and number of shares to be disposed |
80,900 shares of Common stock of Toyota Motor Corporation ("TMC") |
||
|
(2) |
Disposal price |
7,094 yen per share |
||
|
(3) |
Total value of the disposal |
573,904,600 yen |
||
|
(4) |
Allottee of Shares |
Members of the Board of Directors and the part of the Operating Officers of TMC |
||
|
Transfer restriction period |
Number of allottees |
Number of shares |
||
|
50 years |
7 |
77,500 shares |
||
|
3 years |
2 |
3,400 shares |
||
|
(5) |
Payment date |
June 26, 2020 |
||
(Note) With the completion of payment, the shelf registration subject to the Disposition of Treasury Stock registered on May 12, 2020 will be promptly withdrawn.
End of document
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