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Horiba ( (JP:6856) ) has provided an announcement.
Horiba, Ltd. has announced a resolution to dispose of treasury stock as part of a restricted stock unit (RSU) grant plan for its directors and executive officers. This initiative aims to incentivize sustainable improvement in the company’s medium- to long-term corporate value and align the interests of its executives with those of shareholders. The disposal involves 14,221 common shares at a price of 10,230 JPY per share, with the total transaction valued at 145,480,830 JPY. The plan is designed to deliver company shares to eligible executives after a three-year service period, thereby fostering long-term commitment and value sharing within the company group.
More about Horiba
Horiba, Ltd. operates in the technology sector, primarily focusing on manufacturing and selling scientific instruments and systems. The company is known for its expertise in analytical and measurement technologies, serving a range of industries including automotive, environmental, medical, and semiconductor sectors.
YTD Price Performance: 17.52%
Average Trading Volume: 242
Technical Sentiment Signal: Strong Sell
Current Market Cap: $2.87B
For detailed information about 6856 stock, go to TipRanks’ Stock Analysis page.