Sanyo Industries Completes Share Disposition for Restricted Stock Awards
TOKYO, Aug 07 (Pulse News Wire) – Sanyo Industries,ltd. (5958.T) completed the payment procedures for the repurchase of its own shares as part of restricted stock awards to directors, excluding audit committee members and outside directors, and directors of its subsidiaries.
The repurchase was approved during the board meeting held on July 14, 2026. Details of the share repurchase include: - Type of shares: Ordinary shares of SANYO INDUSTRIES - Number of shares: 5,300 - Price per share: ¥4,540 - Total amount paid: ¥24.1 million The shares were distributed among six directors and twelve directors of the company's subsidiaries.
The payment procedures were finalized on August 07, 2026. This completes the key points of the share repurchase transaction as outlined in the previous announcement dated July 14, 2026.
