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Autobacs Seven Co. Announces Disposal of Treasury Shares for Director Remuneration

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Autobacs Seven Co. Announces Disposal of Treasury Shares for Director Remuneration

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Autobacs Seven Co ( (JP:9832) ) has shared an update.

Autobacs Seven Co., Ltd. announced the disposal of 42,500 treasury shares as part of its Restricted Stock Remuneration Plan, aimed at enhancing value sharing with shareholders. This move is intended to motivate directors by aligning their interests with the company’s long-term value, as shares will be held until retirement, fostering sustained corporate value enhancement.

More about Autobacs Seven Co

Autobacs Seven Co., Ltd. operates in the automotive industry, primarily focusing on the retail of automotive parts and accessories. The company is known for its comprehensive range of products and services catering to vehicle maintenance and enhancement, positioning itself as a leader in the Japanese automotive aftermarket.

YTD Price Performance: -0.37%

Average Trading Volume: 172,641

Technical Sentiment Signal: Hold

Current Market Cap: Yen111.8B

For a thorough assessment of 9832 stock, go to TipRanks’ Stock Analysis page.

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