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Dai Nippon Toryo Completes Treasury Shares Disposal for Remuneration

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Dai Nippon Toryo Completes Treasury Shares Disposal for Remuneration

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Dai Nippon Toryo Company, Limited ( (JP:4611) ) has provided an announcement.

Dai Nippon Toryo Co., Ltd. announced the completion of payment procedures for the disposal of treasury shares as restricted share-based remuneration. This strategic move, resolved by the Board of Directors, involved the disposal of 50,690 shares at a price of ¥1,150 per share, amounting to a total of ¥58,293,500. The allocation was made to six directors and five executive officers, excluding outside directors, potentially impacting the company’s governance and alignment of interests.

More about Dai Nippon Toryo Company, Limited

Dai Nippon Toryo Co., Ltd. operates in the coatings industry, specializing in the production and sale of paints and coatings. The company focuses on providing high-quality products for various applications, including industrial and decorative purposes.

Average Trading Volume: 66,322

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen34B

Find detailed analytics on 4611 stock on TipRanks’ Stock Analysis page.

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