Notice Regarding Completion of Payment for Disposal of Own Shares
as Restricted Stock Compensation
Company name: SUBARU CORPORATION
Representative: Yasuyuki Yoshinaga, President and CEO
Code number: 7270 (First Section of Tokyo Stock Exchange)
Contact for inquiries: Katsuo Saito
Corporate Vice President and General Manager of Administration Department,
Corporate Administration Division
Phone: +81-3-6447-8825
Subaru Corporation (the “Company”) hereby announces that payment procedures were completed on August 10, 2017, as follows for the disposal of its own shares as stock compensation that was resolved by its Board of Directors at the meeting held on July 21, 2017. For more information on this matter, please refer to “Notice Regarding Disposal of Own Shares as Restricted Stock Compensation” announced on July 21, 2017.
Overview of Disposal of Own Shares
(1) Class and number of shares to be disposed | 37,926 shares of common stock of the Company |
(2) Disposal price | ¥ 3,931 per share |
(3) Total value of share disposal | ¥ 149,087,106 |
(4) Method of offer or disposal | Grant of restricted stocks |
(5) Method of contribution | In-kind contribution of monetary compensation claim |
(6) Grantees of shares and number thereof; number of shares to be granted |
The Company’s Directors (excluding Outside Directors) 6 persons, 12,654 shares Corporate vice presidents 19 persons, 25,272 shares |
(7) Payment date | August 10, 2017 |
End of document