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TDK announces Completion of Payment for Disposal of Treasury Stock as Post-Delivery type Stock Remuneration

August 28, 2023

TDK Corporation (TSE:6762)( “the Company”) today announced that the payment for the disposal of treasury stock as Post-Delivery type Stock Remuneration resolved by its Board of Directors on August 2, 2023, has been completed. For details of this transaction please refer to “Disposal of Treasury Stock as Post-Delivery type Stock Remuneration” released on August 2, 2023.

1. Summary of the disposal

1. Date of disposal August 28, 2023
2. Class and number of shares for disposal 26,100 shares of common stock of the Company
3. Disposal Price 5,550 yen per share to be disposed of
4. Total amount of disposal value 144,855,000 yen
5. Disposal recipients, the number of such recipients, and the number of shares to be disposed of Directors of the Company *1,2: 6 persons, 12,000 shares
Corporate Officers *2: 14 persons, 14,100 shares
*1 excluding Outside Directors
*2 including already retired Directors and Corporate Officers

Contacts for media

Region Contact Phone Mail
Japan Mr. Yoichi OSUGA TDK Corporation
Tokyo, Japan
+81 3 6778-1055 TDK.PR@tdk.com