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istyle Inc. Introduces Restricted Stock Compensation System

Story Highlights
  • istyle Inc. is introducing a restricted stock compensation system for its directors.
  • The system aims to align directors’ interests with shareholders by offering stock-based compensation.
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istyle Inc. Introduces Restricted Stock Compensation System

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An announcement from istyle Inc. ( (JP:3660) ) is now available.

istyle Inc. has announced the introduction of a restricted stock compensation system aimed at incentivizing its directors to enhance corporate value and align their interests with shareholders. This new system, pending shareholder approval, will allow eligible directors to receive compensation in the form of common stock or monetary claims for stock acquisition, with a total annual compensation cap of 60 million yen and a maximum issuance of 120,000 shares per year.

More about istyle Inc.

istyle Inc. operates in the beauty and cosmetics industry, focusing on providing products and services that enhance corporate value and shareholder engagement. The company is listed on the Tokyo Stock Exchange under the code 3660.

Average Trading Volume: 1,392,296

Technical Sentiment Signal: Buy

Current Market Cap: Yen57.44B

Find detailed analytics on 3660 stock on TipRanks’ Stock Analysis page.

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