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Daito Trust Concludes Treasury Stock Disposal

Daito Trust Concludes Treasury Stock Disposal

Daito Construction (JP:1878) has released an update.

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Daito Trust Construction has completed the payment process for the disposal of treasury stock under its Restricted Stock Incentive Plan for Employee Shareholding Associations. The finalization resulted in a reduction of shares disposed and total disposal value due to a lower-than-initially-planned participation by ESA members. The company adjusted the number of shares to 360,459, with a total disposal value of 6,371,112,825 yen.

For further insights into JP:1878 stock, check out TipRanks’ Stock Analysis page.

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