Canon Electronics (TYO:7739) has completed the payment procedures for the disposal of 5,700 treasury shares as part of its restricted stock compensation plan, according to a Monday filing on the Tokyo Stock Exchange.
The disposal involved common shares of the company, priced at 2,554 yen per share, bringing the total value of the disposal to 14.6 million yen.
The shares were allocated to six directors (excluding outside directors).
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