GS Yuasa to Issue Treasury Shares for Stock Compensation

MT Newswires Live
27 Nov 2024

GS Yuasa (TYO:6674) will allocate 95,000 shares, valued at 266.9 million yen, through a third-party allotment to fund its performance-based stock compensation plan.

The shares will be transferred to Sumitomo Mitsui Trust Bank (TYO:8316) on Dec. 12.

The disposition price is set at 2,809.50 yen per share, a 2.87% premium to the stock's monthly average. The dilution effect will be 0.09% of shares outstanding as of Sept. 30.

Price (JPY): $2768.50, Change: $-41, Percent Change: -1.46%

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