Toyo Denki Completes Share Disposition Under Restricted Stock Award Plan

TOKYO, Jul 24 (Pulse News Wire) – Toyo Denki (6655.NG) completed the repurchase of shares under its restricted stock award plan. The transaction was approved during the board meeting held on June 26, 2026.

Under the plan, the company repurchased ordinary shares totaling 23,547. The price per share was set at ¥756, resulting in a total repurchase amount of ¥17.8 million.

The shares were distributed among three directors who are neither outside directors nor audit committee members. The payment for the repurchased shares was finalized.

For more detailed information, refer to the press release dated June 26, 2026, which outlined the specifics of the share repurchase program.