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Colowide Co., Ltd. Announces Disposal of Treasury Shares for Management Incentives

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Colowide Co., Ltd. Announces Disposal of Treasury Shares for Management Incentives

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The latest update is out from Colowide Co., Ltd. ( (JP:7616) ).

Colowide Co., Ltd. announced the disposal of 23,500 treasury shares as part of a restricted share remuneration plan aimed at securing talented management and promoting value sharing with shareholders. This move is intended to motivate directors and executive officers by granting them shares, with restrictions on transfer lifted upon retirement or resignation under valid reasons, thereby aligning their interests with the company’s long-term goals.

More about Colowide Co., Ltd.

Colowide Co., Ltd. operates in the food service industry, specializing in the management and operation of various restaurant chains. The company focuses on providing diverse dining experiences and aims to enhance its corporate value by securing talented management personnel and aligning its interests with shareholders.

Average Trading Volume: 283,965

Technical Sentiment Signal: Hold

Current Market Cap: Yen199.5B

For an in-depth examination of 7616 stock, go to TipRanks’ Overview page.

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