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Daido Metal Continues Stock-Based Remuneration Schemes with New Share Acquisition

Story Highlights
  • Daido Metal continues stock-based remuneration schemes for Directors and Executive Officers.
  • The company plans to acquire shares worth 208 million Yen to support these schemes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Daido Metal Continues Stock-Based Remuneration Schemes with New Share Acquisition

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Daido Metal Co., Ltd. ( (JP:7245) ) has shared an announcement.

Daido Metal Co., Ltd. has announced the continuation of its stock-based remuneration schemes for its Directors and Executive Officers, initially introduced in 2019. The company plans to acquire additional shares worth up to 208 million Yen to support these schemes, with the acquisition scheduled between May 21 and May 30, 2025. This move is aimed at aligning the interests of its executives with company performance, potentially impacting its operational strategy and stakeholder interests.

More about Daido Metal Co., Ltd.

Daido Metal Co., Ltd. operates in the manufacturing industry, focusing on producing bearings and other metal products. The company is listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Stock Exchange.

Average Trading Volume: 125,008

Technical Sentiment Signal: Hold

Current Market Cap: Yen23.79B

For an in-depth examination of 7245 stock, go to TipRanks’ Stock Analysis page.

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