Kakaku.com Announces Disposal of Treasury Shares as Part of Strategic Initiatives

An update from Kakaku ( (JP:2371) ) is now available.

Kakaku.com, Inc. has announced a resolution to dispose of 48,619 treasury shares as restricted shares remuneration to its executive officers. This move is part of a broader strategy to align the interests of its executives with shareholders and enhance corporate value. The disposal is set to occur on April 24, 2025, with a disposal value of 2,236.5 yen per share, subject to market conditions. The announcement coincides with other strategic initiatives, including the acquisition of LiPLUS Holdings and a transition to a company with an Audit & Supervisory Committee, potentially impacting the company’s stock price and shareholder interests.

More about Kakaku

Kakaku.com, Inc. operates in the digital services industry, focusing on providing online platforms for price comparison and consumer reviews. The company is listed on the Tokyo Stock Exchange and is led by President Atsuhiro Murakami.

YTD Price Performance: -2.92%

Average Trading Volume: 167

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.94B

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