Asia
Shin Nippon Air Technologies Completes Payment Procedures for Treasury Shares Disposal
Shin Nippon Air Technologies (TYO:1952) said it completed payment procedures for the disposal of 73,224 treasury shares as a restricted stock incentive for its employee shareholders association, according to a Tokyo bourse filing on Friday.The Tokyo-listed company said that the number of shares was reduced from the initially planned to 73,224 shares due to partial forfeiture.The disposal was conducted through the third-party allotment at a price of 3,390 yen per share, totaling 248.2 million yen.
TYO:1952
