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

August 21, 2024

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 July 30, 2024, has been completed. For details of this transaction please refer to “Disposal of Treasury Stock as Post-Delivery type Stock Remuneration” released on July 30, 2024.

Summary of the disposal

1. Date of disposal Augst 21, 2024
2. Class and number of shares for disposal 58,900 shares of common stock of the Company
3. Disposal Price 9,975 yen per share to be disposed of
4. Total amount of disposal value 587,527,500 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, 27,300 shares
Corporate Officers *2: 13 persons, 31,600 shares
*1 excluding Outside Directors
*2 including already retired Directors and Corporate Officers

Contacts for regional media

Region Contact Phone Mail
Japan Mr. Atsuo Omagari TDK Corporation
Tokyo, Japan
+813 6778-1068 TJP.ir@tdk.com