Toshiba TEC Completes Restricted Share Issuance for Executive Compensation

TOKYO, Jul 28 (Pulse News Wire) – Toshiba Tec Corporation (6588.T) completed the issuance of restricted shares as part of executive compensation. The transaction involved the distribution of ordinary shares totaling 34,651 to executives and non-executive officers.

Each share was priced at ¥2,869, resulting in a total payment amount of ¥99.4 million. This issuance includes shares granted as performance-based restricted stock awards for fiscal 2025 and restricted stock awards for fiscal 2026.

Specifically, three executive directors received shares under the 2026 program, while nine non-executive officers received shares under the same program. Additionally, three former executive directors and three current executive directors received shares based on the 2025 performance-linked program.