tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IDEC Completes Treasury Stock Disposal for Executive Remuneration

Story Highlights
IDEC Completes Treasury Stock Disposal for Executive Remuneration

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

IDEC Corporation ( (JP:6652) ) has provided an update.

IDEC Corporation has completed the payment process for the disposal of treasury stocks as restricted stock remuneration, a decision made during the Board of Directors meeting on June 20, 2025. This move involves the disposal of 3,450 shares of common stock at a price of 2,235 yen per share, totaling 7,710,750 yen, and is aimed at compensating six executive officers, potentially impacting the company’s financial strategy and stakeholder interests.

More about IDEC Corporation

IDEC Corporation operates in the industrial automation and control industry, offering a range of products and services focused on enhancing operational efficiency and safety. The company is positioned in the prime market of the Tokyo Stock Exchange, indicating a significant presence in the financial market.

Average Trading Volume: 91,285

Technical Sentiment Signal: Sell

Current Market Cap: Yen64.44B

See more data about 6652 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1