Daicel (JP:4202) has released an update.
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Daicel Corporation has announced plans to issue restricted stock as part of its compensation strategy to align the interests of its directors and executive officers with those of its shareholders. The company will dispose of 150,624 shares of its common stock on August 2, 2024, aiming to incentivize long-term corporate value improvement. This move follows shareholder and board approval of a compensation plan that caps the monetary compensation for eligible directors at 100 million yen per year.
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