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Horiba ( (JP:6856) ) has issued an announcement.
Horiba, Ltd. has announced a resolution to dispose of its treasury stock as restricted stock, a decision made during the board of directors’ meeting on March 29, 2025. This move is part of a compensation plan aimed at incentivizing directors and corporate officers by aligning their interests with the company’s long-term value creation. The disposal involves 17,076 shares of common stock, with a total value of 174,687,480 JPY, and is intended to support sustainable corporate growth by tying compensation to stock performance.
More about Horiba
Horiba, Ltd. operates in the precision instruments industry, focusing on the development and manufacturing of measuring instruments and systems. The company is known for its products in the fields of automotive testing, process and environmental monitoring, medical diagnostics, semiconductor manufacturing, and scientific research. Horiba aims to enhance its corporate value and align interests with shareholders through strategic initiatives.
YTD Price Performance: 17.52%
Average Trading Volume: 242
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.87B
See more insights into 6856 stock on TipRanks’ Stock Analysis page.