IPS, Inc. (JP:4390) has released an update.
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IPS, Inc. has detailed the issuance of stock acquisition rights as part of a compensation plan for its directors and employees. A total of 1,100 and 900 stock options were allocated to the company’s director and employees of subsidiaries, and to the company’s own employees, respectively. These stock options are exercitable at 2,296 yen per right, representing a significant incentive for the recipients.
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