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HOKUETSU INDUSTRIES Introduces Restricted Stock Plan to Align Director Incentives

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HOKUETSU INDUSTRIES Introduces Restricted Stock Plan to Align Director Incentives

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HOKUETSU INDUSTRIES CO., LTD. ( (JP:6364) ) has shared an update.

HOKUETSU INDUSTRIES CO., LTD. has announced the introduction of a restricted stock compensation plan for its directors, excluding those who are Audit and Supervisory Committee Members and Outside Directors. This plan, part of the company’s new Medium-Term Vision 2027, aims to align directors’ interests with shareholders by linking compensation to share value, thereby incentivizing directors to enhance corporate value. The plan involves issuing common shares as compensation, with a maximum of 24,000 shares to be issued annually, and is subject to shareholder approval at the upcoming General Meeting. This strategic move is expected to strengthen the company’s governance and align management objectives with shareholder interests.

More about HOKUETSU INDUSTRIES CO., LTD.

Average Trading Volume: 25,253

Technical Sentiment Signal: Sell

Current Market Cap: Yen51.95B

Learn more about 6364 stock on TipRanks’ Stock Analysis page.

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