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Futaba Industrial Co., Ltd. ( (JP:7241) ) has provided an announcement.
Futaba Industrial Co., Ltd. has announced the disposal of 32,452 treasury shares as part of a restricted stock compensation system. This initiative aims to align the interests of directors and officers with shareholders by offering medium- to long-term incentives. The disposal is valued at ¥23,170,728 and involves directors and operating officers, excluding outside directors, to enhance motivation and shared value with stakeholders.
More about Futaba Industrial Co., Ltd.
Futaba Industrial Co., Ltd. operates in the automotive industry, focusing on the production of exhaust systems and other automotive components. The company is listed on the Prime of Tokyo Stock Exchange and Premier of Nagoya Stock Exchange.
Average Trading Volume: 265,417
Technical Sentiment Signal: Hold
Current Market Cap: Yen64.22B
See more insights into 7241 stock on TipRanks’ Stock Analysis page.