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Chugai Pharmaceutical Adjusts Treasury Share Disposal Plan

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Chugai Pharmaceutical Co ( (JP:4519) ) has shared an announcement.

Chugai Pharmaceutical Co., Ltd. announced corrections to its previously released ‘Notice of Disposal of Treasury Shares as Restricted Stock Compensation Plan.’ The corrections involve an increase in the number of shares to be disposed from 79,800 to 82,000 and a corresponding rise in the total value from ¥565,861,800 to ¥581,462,000. This adjustment is part of the company’s strategy to enhance executive motivation and align compensation with industry standards, potentially impacting the company’s operational efficiency and stakeholder interests.

More about Chugai Pharmaceutical Co

Chugai Pharmaceutical Co., Ltd. operates in the pharmaceutical industry, focusing on the development and distribution of innovative medical products. The company is known for its research-driven approach and is a key player in the Japanese market, contributing significantly to advancements in healthcare solutions.

YTD Price Performance: 29.39%

Average Trading Volume: 8,359

Technical Sentiment Signal: Sell

Current Market Cap: $97.09B

Find detailed analytics on 4519 stock on TipRanks’ Stock Analysis page.

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