TDK Corporation (JP:6762) has released an update.
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TDK Corporation has announced the disposal of treasury stock totaling 58,900 shares valued at approximately 587.5 million yen as part of a post-delivery type stock remuneration plan for its directors and corporate officers. This move, scheduled for August 21, 2024, aims to align the interests of the recipients with those of shareholders by sharing the risks and benefits of stock price fluctuations and incentivizing the improvement of the company’s medium-term business performance and corporate value.
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