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Hokuto Corporation ( (JP:1379) ) has issued an announcement.
Hokuto Corporation’s board has approved the disposal of 5,310 shares of its treasury stock as restricted stock compensation to three delegated executive officers and six employed executive officers who do not also serve as directors, at a disposal price of ¥2,034 per share, totaling ¥10,800,540. The plan is designed to tie compensation more closely to the company’s long-term performance and corporate value, with transfer restrictions in place until recipients cease to be executive officers or are appointed directors, thereby promoting sustained service, strengthening alignment with shareholders, and reinforcing a medium- to long-term performance mindset among senior management.
The most recent analyst rating on (JP:1379) stock is a Buy with a Yen2326.00 price target. To see the full list of analyst forecasts on Hokuto Corporation stock, see the JP:1379 Stock Forecast page.
More about Hokuto Corporation
HOKUTO Corporation is a Japan-based company listed on the Tokyo Stock Exchange Prime Market (stock code 1379), operating in the food and agribusiness sector, particularly known for its mushroom-related products and associated businesses. The company focuses on enhancing corporate value and aligning management and employee incentives with shareholder interests over the medium to long term.
Average Trading Volume: 58,081
Technical Sentiment Signal: Buy
Current Market Cap: Yen64.04B
See more insights into 1379 stock on TipRanks’ Stock Analysis page.