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Giken Ltd. Announces Disposal of Treasury Shares for Stock Remuneration

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Giken Ltd. Announces Disposal of Treasury Shares for Stock Remuneration

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The latest update is out from Giken Ltd. ( (JP:6289) ).

Giken Ltd. has announced a resolution to dispose of its treasury shares as part of a restricted stock remuneration plan aimed at incentivizing directors and officers to enhance corporate value and align with shareholder interests. This move involves the disposal of 27,528 shares at a total value of 47,100,408 yen, with the shares being allocated to various directors and officers of the company and its subsidiaries, under conditions that include transfer restrictions to ensure long-term commitment.

The most recent analyst rating on (JP:6289) stock is a Hold with a Yen1437.00 price target. To see the full list of analyst forecasts on Giken Ltd. stock, see the JP:6289 Stock Forecast page.

More about Giken Ltd.

Giken Ltd. operates in the manufacturing industry, focusing on producing and distributing common stocks. The company is listed on the TSE Prime Market and is led by President and CEO Atsushi Ohira.

Average Trading Volume: 97,380

Technical Sentiment Signal: Hold

Current Market Cap: Yen44.9B

See more data about 6289 stock on TipRanks’ Stock Analysis page.

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