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BIC CAMERA Completes Disposal of Treasury Shares for Restricted Stock Compensation

Story Highlights
  • BIC CAMERA completed disposal of 31,000 treasury shares as restricted stock compensation.
  • Shares were allotted to company and subsidiary directors, strengthening incentive alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BIC CAMERA Completes Disposal of Treasury Shares for Restricted Stock Compensation

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BIC Cameras ( (JP:3048) ) just unveiled an update.

BIC CAMERA INC. has completed the payment procedure for the disposal of 31,000 treasury shares that are being granted as restricted stock compensation to its management. The common shares, disposed of at 1,582 yen per share for a total of 49,042,000 yen, were allotted to four directors of the company (excluding audit and outside directors) and two directors of its subsidiaries, reinforcing a compensation structure that links management incentives to shareholder value and aligns executives’ interests with the company’s long-term performance.

The most recent analyst rating on (JP:3048) stock is a Hold with a Yen1734.00 price target. To see the full list of analyst forecasts on BIC Cameras stock, see the JP:3048 Stock Forecast page.

More about BIC Cameras

BIC CAMERA INC. is a Japanese retailer primarily operating large-scale consumer electronics stores, offering home appliances, digital devices, and related products through a nationwide network and online channels, and is listed on the Tokyo Stock Exchange Prime Market under securities code 3048.

Average Trading Volume: 538,880

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen282.2B

Find detailed analytics on 3048 stock on TipRanks’ Stock Analysis page.

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