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FAN Communications Corrects Disclosure on Executive Stock Compensation Plans

Story Highlights
  • FAN Communications will introduce new performance-based and time-vesting restricted stock plans to better align director pay with long-term corporate performance.
  • The company corrected its earlier notice, confirming it will not seek changes to stock option compensation amounts at the upcoming shareholders meeting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
FAN Communications Corrects Disclosure on Executive Stock Compensation Plans

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FAN Communications. Inc. ( (JP:2461) ) just unveiled an update.

FAN Communications, Inc. has clarified its plans to revise its executive compensation structure by introducing performance-condition and time-vesting restricted stock compensation plans for directors who are not audit or outside board members. These measures are intended to align director incentives more closely with the company’s long-term performance and shareholder interests.

The company corrected an earlier disclosure by confirming it will not propose a change in the amount of compensation related to stock acquisition rights granted as stock options at the upcoming 27th Annual General Meeting of Shareholders. Instead, the focus of the proposals will be limited to the introduction of the new restricted stock plans, removing any previously indicated revisions to stock option compensation levels.

The most recent analyst rating on (JP:2461) stock is a Hold with a Yen528.00 price target. To see the full list of analyst forecasts on FAN Communications. Inc. stock, see the JP:2461 Stock Forecast page.

More about FAN Communications. Inc.

FAN Communications, Inc. is a Japan-based company listed on the TSE Prime Market under code 2461. The company operates in the internet and digital advertising sector, focusing on performance-based marketing and related online advertising services for corporate clients.

Average Trading Volume: 129,584

Technical Sentiment Signal: Buy

Current Market Cap: Yen32.16B

For detailed information about 2461 stock, go to TipRanks’ Stock Analysis page.

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