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Furuno Electric Announces Treasury Share Disposal for Executive Remuneration

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Furuno Electric Announces Treasury Share Disposal for Executive Remuneration

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An update from Furuno Electric Co., Ltd. ( (JP:6814) ) is now available.

Furuno Electric Co., Ltd. announced its decision to dispose of 11,340 treasury shares as part of a restricted share-based remuneration plan for its directors and executive officers. This move aims to align the interests of the company’s leadership with its long-term performance goals. The shares will be allocated to eligible directors and executive officers, with restrictions on transfer until their retirement, ensuring commitment to the company’s strategic objectives.

More about Furuno Electric Co., Ltd.

Furuno Electric Co., Ltd. operates in the electronics industry, focusing on the development and manufacturing of marine electronics, GPS systems, and other navigation and communication equipment. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in navigation technology.

Average Trading Volume: 306,054

Technical Sentiment Signal: Buy

Current Market Cap: Yen99.04B

For a thorough assessment of 6814 stock, go to TipRanks’ Stock Analysis page.

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