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Citizen Watch Co ( (JP:7762) ) just unveiled an announcement.
Citizen Watch Co., Ltd. has announced the disposal of 449,126 shares of its treasury stock through a third-party allotment to The Master Trust Bank of Japan, Ltd. This move is part of a performance-linked stock compensation scheme aimed at incentivizing directors and officers to improve financial results and corporate value over the medium to long term. The disposal represents a small dilution of 0.18% of the total shares, indicating a strategic approach to align management interests with shareholder value without significantly impacting the market.
The most recent analyst rating on (JP:7762) stock is a Buy with a Yen1369.00 price target. To see the full list of analyst forecasts on Citizen Watch Co stock, see the JP:7762 Stock Forecast page.
More about Citizen Watch Co
Citizen Watch Co., Ltd. operates in the watchmaking industry, primarily producing and selling watches and related products. The company is listed on the Tokyo Stock Exchange and focuses on enhancing corporate value and financial performance through strategic initiatives.
Average Trading Volume: 2,320,260
Technical Sentiment Signal: Buy
Current Market Cap: Yen302.3B
See more insights into 7762 stock on TipRanks’ Stock Analysis page.