Sumitomo Bakelite Co., Ltd. (JP:4203) has released an update.
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Sumitomo Bakelite Co., Ltd. has completed the sale of treasury shares as part of its restricted stock compensation plan that was resolved on June 25, 2024. A total of 15,927 of the company’s common shares were sold at a price of 4,668 yen per share, amounting to a total of 74,347,236 yen. The shares were allocated to six directors and nine executive officers.
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