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Japan Elevator Service Holdings Announces Treasury Share Disposal for Director Incentives

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Japan Elevator Service Holdings Announces Treasury Share Disposal for Director Incentives

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Japan Elevator Service Holdings Co., Ltd. ( (JP:6544) ) has shared an update.

Japan Elevator Service Holdings Co., Ltd. announced its decision to dispose of 15,000 treasury shares as part of a Restricted Stock Compensation Scheme for its directors. This move is intended to incentivize directors to enhance corporate value and align their interests with those of shareholders. The disposal involves a total value of JPY 60,075,000 and includes a 35-year transfer restriction period, reflecting the company’s long-term commitment to value creation.

More about Japan Elevator Service Holdings Co., Ltd.

Japan Elevator Service Holdings Co., Ltd. operates in the elevator service industry, primarily focusing on the maintenance, repair, and modernization of elevators. The company is listed on the Tokyo Stock Exchange and aims to enhance corporate value and shareholder engagement through strategic initiatives.

Average Trading Volume: 339,609

Technical Sentiment Signal: Buy

Current Market Cap: Yen354.5B

For detailed information about 6544 stock, go to TipRanks’ Stock Analysis page.

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