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Fuji Corporation Announces Disposal of Treasury Shares for Director Compensation

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Fuji Corporation Announces Disposal of Treasury Shares for Director Compensation

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Fuji ( (JP:6134) ) has provided an announcement.

Fuji Corporation has announced a resolution to dispose of 24,430 treasury shares as part of a transfer-restricted stock compensation system for its directors. This initiative, approved in 2021, is designed to align the interests of the directors with those of the shareholders by providing incentives for sustainable corporate value improvement. The disposal involves a total of 64,996,015 yen and is intended to enhance value-sharing with shareholders while ensuring directors’ commitment to the company.

The most recent analyst rating on (JP:6134) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on Fuji stock, see the JP:6134 Stock Forecast page.

More about Fuji

Fuji Corporation operates in the manufacturing industry, focusing on the production of machinery and equipment. The company is listed on the Tokyo Stock Exchange and the Nagoya Stock Exchange, and it aims to enhance corporate value and shareholder engagement through innovative compensation systems.

Average Trading Volume: 380,233

Technical Sentiment Signal: Buy

Current Market Cap: Yen254B

Find detailed analytics on 6134 stock on TipRanks’ Stock Analysis page.

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