HEROZ, Inc. (JP:4382) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
HEROZ, Inc. is set to issue new shares as part of a restricted stock compensation plan aimed at aligning the interests of directors, executive officers, and employees with those of shareholders by sharing the benefits and risks of stock price fluctuations. A total of 28,580 new shares will be issued at 1,107 yen each, amounting to 31,638,060 yen, to incentivize increased contribution towards the company’s share price growth and corporate value improvement. The shares will be subject to restriction from the date of allotment until the respective retirement or resignation of the recipients.
For further insights into JP:4382 stock, check out TipRanks’ Stock Analysis page.