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DENSO Announces Treasury Stock Disposal for Long-term Incentive Plan

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DENSO ( (JP:6902) ) has provided an update.

DENSO CORPORATION has announced the disposal of 267,679 shares of its treasury stock as part of a restricted stock compensation plan aimed at providing medium- to long-term incentives to its directors and senior executive officers. This move is designed to align the interests of the company’s leadership with those of its shareholders by sharing shareholder value and enhancing motivation among eligible directors. The plan includes a 30-year transfer restriction period to ensure long-term commitment and value sharing.

The most recent analyst rating on (JP:6902) stock is a Buy with a Yen2800.00 price target. To see the full list of analyst forecasts on DENSO stock, see the JP:6902 Stock Forecast page.

More about DENSO

DENSO CORPORATION is a prominent player in the automotive industry, specializing in advanced automotive technology, systems, and components. The company is known for its focus on innovation and quality, serving a global market with a wide range of products including powertrain, electronics, and thermal systems.

YTD Price Performance: -11.79%

Average Trading Volume: 8,828,052

Technical Sentiment Signal: Hold

Current Market Cap: Yen5131.7B

See more data about 6902 stock on TipRanks’ Stock Analysis page.

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