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Inaba Denki Sangyo Announces Disposal of Treasury Shares as Restricted Stock Compensation

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Inaba Denki Sangyo Announces Disposal of Treasury Shares as Restricted Stock Compensation

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The latest announcement is out from Inaba Denkisangyo Co., Ltd. ( (JP:9934) ).

Inaba Denki Sangyo Co., Ltd. has announced the disposal of 26,000 treasury shares as restricted stock compensation, approved by the Board of Directors. This move aims to align the interests of directors, executive officers, and employees with those of shareholders, enhancing corporate value and morale. The restricted stock plan replaces previous stock options, with specific transfer restrictions and conditions for acquisition without consideration, reflecting a strategic shift in employee and executive compensation.

More about Inaba Denkisangyo Co., Ltd.

Inaba Denki Sangyo Co., Ltd. operates in the electrical equipment industry, focusing on providing various electrical and electronic products and services. The company is listed on the Tokyo Stock Exchange under the securities code 9934.

Average Trading Volume: 88,758

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen218.4B

See more data about 9934 stock on TipRanks’ Stock Analysis page.

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