Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Gunze ( (JP:3002) ) has provided an update.
Gunze Limited has announced its decision to dispose of 19,914 treasury shares as restricted stock compensation for its directors and corporate officers. This move, approved by the Board of Directors, aims to align the interests of the management with shareholders and enhance corporate value. The shares will be allotted under a restricted shares allotment agreement, with a transfer restriction period extending until 2055, ensuring long-term commitment from the recipients.
The most recent analyst rating on (JP:3002) stock is a Hold with a Yen3500.00 price target. To see the full list of analyst forecasts on Gunze stock, see the JP:3002 Stock Forecast page.
More about Gunze
Gunze Limited operates in the textile and apparel industry, focusing on the production and sale of clothing, textiles, and related products. The company is known for its commitment to enhancing shareholder value and sustainable corporate growth.
Average Trading Volume: 155,503
Technical Sentiment Signal: Buy
Current Market Cap: Yen117.5B
For an in-depth examination of 3002 stock, go to TipRanks’ Overview page.