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FINWIRES

TS Tech to Dispose of 84 Million Yen in Treasury Shares Under Compensation Plan

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TS Tech (TYO:7313) board approved the disposal of 48,760 treasury shares totaling 84.3 million yen under its restricted stock compensation plan, according to a Friday filing on the Tokyo Stock Exchange.

The shares will be allocated to five directors, excluding outside directors, eight operating officers not serving concurrently as directors, three full-time directors of domestic subsidiaries, and seven operating officers not serving concurrently as directors.

The disposal will be completed on July 10, according to the filing.

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