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Fixstars Corporation Announces Treasury Share Disposal for Director Remuneration

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Fixstars Corporation Announces Treasury Share Disposal for Director Remuneration

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Fixstars ( (JP:3687) ) has shared an update.

Fixstars Corporation has announced a resolution to dispose of treasury shares as part of a restricted share-based remuneration plan for its directors. This move is aimed at incentivizing directors to enhance the company’s long-term value and align their interests with shareholders. The plan involves the disposal of 50,400 common shares at a price of 1,533 yen per share, totaling 77,263,200 yen. The initiative reflects the company’s strategy to maintain competitive remuneration levels and adapt to changes in its management environment, ultimately supporting its growth and stakeholder value.

The most recent analyst rating on (JP:3687) stock is a Buy with a Yen2292.00 price target. To see the full list of analyst forecasts on Fixstars stock, see the JP:3687 Stock Forecast page.

More about Fixstars

Fixstars Corporation operates in the technology industry, focusing on providing advanced computing solutions. The company is known for its high-performance computing services and software products, catering to a range of industries that require intensive computational capabilities.

Average Trading Volume: 678,873

Technical Sentiment Signal: Sell

Current Market Cap: Yen52.25B

See more insights into 3687 stock on TipRanks’ Stock Analysis page.

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