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Fujitec Co., Ltd. ( (JP:6406) ) has issued an announcement.
Fujitec Co., Ltd. has completed the payment procedures related to the disposal of treasury shares as restricted stock compensation, following a resolution by its board of directors. This move, involving the disposal of 4,471 shares at a price of 5,990 yen per share, reflects the company’s strategic approach to aligning executive incentives with shareholder interests, potentially impacting its financial structure and stakeholder relations.
More about Fujitec Co., Ltd.
Fujitec Co., Ltd. operates in the elevator and escalator industry, providing vertical transportation systems and solutions. The company focuses on innovation and safety in its products, catering to a global market with a strong emphasis on quality and customer satisfaction.
Average Trading Volume: 192,334
Technical Sentiment Signal: Buy
Current Market Cap: Yen428.9B
Learn more about 6406 stock on TipRanks’ Stock Analysis page.