Nippon Aqua Finalizes Treasury Share Disposal

Nippon Aqua Co., Ltd. (JP:1429) has released an update.

Nippon Aqua Co., Ltd. has completed the payment process for the disposal of 500,000 treasury shares as restricted stock to its employees, although the number of employees involved was reduced due to forfeiture. The disposal, which was priced at 813 yen per share, resulted in a total value of 406.5 million yen and is not expected to significantly impact the company’s current financial performance.

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