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CK San-Etsu Co., Ltd. ( (JP:5757) ) has shared an update.
CK San-Etsu Co., Ltd. announced the disposal of 230,000 treasury shares through a third-party allotment to reintroduce an ESOP Trust via the Employee Shareholding Association. This move aims to promote stable wealth accumulation for employees and enhance corporate value by increasing employee participation in corporate management. The disposal is expected to have a minimal impact on the secondary market, with a dilution effect of 2.59% of the total outstanding shares.
The most recent analyst rating on (JP:5757) stock is a Buy with a Yen3892.00 price target. To see the full list of analyst forecasts on CK San-Etsu Co., Ltd. stock, see the JP:5757 Stock Forecast page.
More about CK San-Etsu Co., Ltd.
CK San-Etsu Co., Ltd. operates in the financial industry and focuses on providing financial services and products. The company is involved in initiatives to enhance corporate value and employee engagement through financial mechanisms such as Employee Stock Ownership Plans (ESOPs).
Average Trading Volume: 7,017
Technical Sentiment Signal: Buy
Current Market Cap: Yen34.42B
See more data about 5757 stock on TipRanks’ Stock Analysis page.