tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

JFE Holdings to Dispose Treasury Shares for Executive Compensation Plan

Story Highlights
JFE Holdings to Dispose Treasury Shares for Executive Compensation Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

JFE Holdings ( (JP:5411) ) has shared an announcement.

JFE Holdings has announced the disposal of treasury shares through a third-party allotment to Custody Bank of Japan, Ltd., as part of its performance-linked remuneration plan for directors and executive officers. This move is aimed at facilitating the continuity of the plan by providing shares as compensation, which corresponds to 0.05% of the company’s total shares and voting rights, ensuring alignment with the company’s strategic objectives and shareholder interests.

The most recent analyst rating on (JP:5411) stock is a Hold with a Yen2250.00 price target. To see the full list of analyst forecasts on JFE Holdings stock, see the JP:5411 Stock Forecast page.

More about JFE Holdings

JFE Holdings, Inc. operates in the steel industry and is involved in engineering and trading services. The company focuses on producing steel products and providing engineering solutions, with a market presence that extends to various sectors requiring steel and engineering expertise.

YTD Price Performance: 0.30%

Average Trading Volume: 3,294,204

Technical Sentiment Signal: Buy

Current Market Cap: Yen1045.1B

See more insights into 5411 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1