tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CMK Corporation Announces New Share Issuance for Director Compensation

Story Highlights
CMK Corporation Announces New Share Issuance for Director Compensation

Elevate Your Investing Strategy:

CMK Corporation ( (JP:6958) ) has shared an announcement.

CMK Corporation has announced the issuance of new shares as part of a restricted stock compensation plan for its directors, excluding outside directors. This initiative aims to incentivize directors to enhance corporate value and align their interests with shareholders. The issuance involves 41,624 common shares at an issue price of 339 yen per share, totaling 14,110,536 yen. The transfer restrictions on these shares will be lifted under certain conditions related to the directors’ tenure, promoting long-term engagement and stability within the company’s leadership.

More about CMK Corporation

CMK Corporation operates in the electronics industry, focusing on the production and distribution of printed circuit boards. The company is known for its commitment to innovation and quality, serving a diverse range of markets globally.

Average Trading Volume: 666,245

Technical Sentiment Signal: Sell

Current Market Cap: Yen22.91B

Find detailed analytics on 6958 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1