USHIO INC. Completes Revised Treasury Stock Disposal

Ushio (JP:6925) has released an update.

USHIO INC. has announced the completion of payment procedures for the disposal of treasury stock to its Employee Stockholding Association, with a revised number of shares disposed due to partial forfeiture. The disposal took place on August 30, 2024, with the final number of shares at 129,960, which is less than the initially planned 251,640 shares, at a price of 2,103.5 yen each. This adjustment has been made to reflect the actual number of association members consenting to the stock disposal, and there will be no impact on the business forecast for the fiscal term ending March 2025.

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