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H.I.S. Co., Ltd. Announces Disposal of Treasury Shares as Restricted Stock Compensation

Story Highlights
  • H.I.S. Co., Ltd. disposes of 13,188 treasury shares as restricted stock compensation.
  • The shares are subject to a 30-year transfer restriction to ensure director commitment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

H.I.S.Co. ( (JP:9603) ) has provided an update.

H.I.S. Co., Ltd. has announced the disposal of 13,188 treasury shares as restricted stock compensation to its directors, aligning with its plan to incentivize directors to boost corporate value and shareholder alignment. The shares, valued at JPY 22,208,592, will be subject to a 30-year transfer restriction period, ensuring long-term commitment from the directors.

More about H.I.S.Co.

H.I.S. Co., Ltd. operates in the travel and tourism industry, providing travel services and packages. The company focuses on enhancing corporate value and aligning director incentives with shareholder interests.

YTD Price Performance: 6.54%

Technical Sentiment Signal: Buy

Current Market Cap: $871.6M

For a thorough assessment of 9603 stock, go to TipRanks’ Stock Analysis page.

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