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Daito Trust Construction Announces Treasury Share Disposal for Executive Compensation

Story Highlights
  • Daito Trust Construction disposes 13,400 treasury shares for executive stock compensation.
  • The disposal aims to align executive interests with shareholders, with minimal market impact.
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Daito Trust Construction Announces Treasury Share Disposal for Executive Compensation

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Daito Construction ( (JP:1878) ) has provided an announcement.

Daito Trust Construction Co., Ltd announced the disposal of 13,400 treasury shares as part of a stock compensation plan for its executives. This move is intended to align the interests of its executives with shareholders and enhance corporate value. The shares will be disposed of to The Master Trust Bank of Japan, Ltd., and the impact on the stock market is expected to be minimal due to the small scale of dilution.

The most recent analyst rating on (JP:1878) stock is a Buy with a Yen17338.00 price target. To see the full list of analyst forecasts on Daito Construction stock, see the JP:1878 Stock Forecast page.

More about Daito Construction

Daito Trust Construction Co., Ltd is a company listed on the Prime Market of the Tokyo Stock Exchange and the Premier Market of the Nagoya Security Exchange. It operates in the construction industry, focusing on real estate development and management services.

Average Trading Volume: 256,506

Technical Sentiment Signal: Buy

Current Market Cap: Yen1081.4B

For an in-depth examination of 1878 stock, go to TipRanks’ Overview page.

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