TDSE Corrects Share Disposition Details for Performance-Based Compensation
TOKYO, Jul 28 (Pulse News Wire) – TDSE Inc. (7046.T) corrected details related to the allocation completion of treasury stock repurchases used as performance-based compensation for directors.
The initial notice released on July 27 contained inaccuracies which have now been revised. In the corrected version, the company clarified that the number of ordinary shares being disposed of is 21,175. Each share was sold at ¥1,272 per share, resulting in a total disposal amount of ¥26.9 million.
The repurchased shares were allocated to three directors, excluding outside directors and audit committee members. The allocation took place on July 27, 2026. The revision includes detailed adjustments to ensure accurate representation of the transaction's specifics, particularly concerning the number of shares and their valuation.
This correction ensures transparency and adherence to regulatory requirements for reporting such transactions accurately.
