ITFOR Inc. (JP:4743) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
ITFOR Inc. has announced a decision to dispose of 57,605 common shares of treasury stock as part of a performance-linked remuneration system for its directors. The shares will be disposed of at 1,374 yen per share to Sumitomo Mitsui Trust Bank’s Trust Account, with an expected impact on the trading market deemed negligible. This move aims to align director compensation with the company’s stock performance, potentially enhancing corporate value over the medium to long term.
For further insights into JP:4743 stock, check out TipRanks’ Stock Analysis page.