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Gun Ei Chemical Industry Announces Treasury Share Disposal for Executive Remuneration

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Gun Ei Chemical Industry Announces Treasury Share Disposal for Executive Remuneration

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Gun Ei Chemical Industry Co., Ltd. ( (JP:4229) ) has issued an update.

Gun Ei Chemical Industry Co., Ltd. announced the disposal of 3,515 treasury shares as part of a restricted stock remuneration plan for its executive officers. This move aims to align the interests of the executives with shareholders by providing incentives to enhance corporate value. The plan was approved in previous shareholder meetings and involves the issuance or disposal of shares under specific conditions to ensure long-term commitment from the executives.

More about Gun Ei Chemical Industry Co., Ltd.

Gun Ei Chemical Industry Co., Ltd. operates in the chemical industry, focusing on the production and distribution of chemical products. The company is listed on the Tokyo Stock Exchange Prime Market and is headquartered in Takasaki-shi, Gunma, Japan.

Average Trading Volume: 14,761

Technical Sentiment Signal: Buy

Current Market Cap: Yen18.96B

For a thorough assessment of 4229 stock, go to TipRanks’ Stock Analysis page.

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