Chugoku Marine Paints Completes Share Disposition for Restricted Stock Awards
TOKYO, Jul 31 (Pulse News Wire) – Chugoku Marine Paints,ltd. (4617.T) completed the repurchase of its own shares for restricted stock awards .
The repurchase was approved by the board of directors on July 3, 2026. Details of the share repurchase include: - Type of shares: Ordinary shares - Number of shares: 41,500 - Price per share: July 31, 2026 yen - Total amount paid: ¥140.5 million Recipients of the repurchased shares consist of seven directors and seven non-director executive officers. The total number of shares distributed includes 30,500 shares to directors and 8,000 shares to four non-executive directors.
Additionally, three executive officers received 3,000 shares. The payment for the repurchased shares was finalized . For more detailed information, refer to the July 3, 2026 press release titled “Notice Regarding the Disposal of Own Shares for Restricted Stock Awards.”.
