Tokyo Electron Limited [8035.T]
TOKYO, Jun 23 (Pulse News Wire) – Tokyo Electron Limited (8035.T) announced today that its board of directors held, resolved to issue equity compensation stock options (subscription rights). The issuance includes two types of subscription rights: the 25th series for long-term performance-linked remuneration covering fiscal year 2027, and the 26th series for non-performance linked remuneration.
A total of 2,066 subscription rights will be issued for the 25th series, while 662 will be issued for the 26th series. These rights will be granted free of charge to the company's executives, corporate officers, senior managers, and key employees, as well as those of its subsidiaries. Subscription rights holders will be able to exercise their rights from July 15, 2026, through July 16, 2029.
However, for US taxpayers, the exercise date is limited to July 17, 2029. In case of death, resignation, or certain other conditions, the exercise period may vary but remains within the overall timeframe set forth. Additionally, the company stated that upon exercising these subscription rights, the capital increase would adhere to legal regulations, with adjustments made based on the number of shares allocated per right.
The payment amount per share upon exercise will be determined based on the stipulated price multiplied by the number of shares assigned per right.
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