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Chino Corporation ( (JP:6850) ) has provided an announcement.
Chino Corporation announced its decision to dispose of treasury shares as part of a restricted stock compensation plan aimed at incentivizing its directors and executive officers. This move is designed to align the interests of the company’s leadership with those of its shareholders, promoting long-term corporate value growth. The plan involves the allocation of 12,699 shares to eligible directors and officers, with a total disposal value of 29,372,787 yen, and includes specific conditions regarding the transfer and acquisition of the shares.
More about Chino Corporation
Chino Corporation operates in the technology sector, focusing on providing advanced measurement and control solutions. The company is known for its innovative products and services that cater to various industrial applications, enhancing operational efficiency and accuracy.
Average Trading Volume: 20,708
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen19.59B
For an in-depth examination of 6850 stock, go to TipRanks’ Overview page.