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Kamigumi Co. Announces Treasury Stock Disposal for Director Compensation

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Kamigumi Co. Announces Treasury Stock Disposal for Director Compensation

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Kamigumi Co ( (JP:9364) ) just unveiled an update.

Kamigumi Co., Ltd has announced the disposal of treasury stock as part of a restricted share-based compensation program for its directors. This initiative aims to align the interests of the directors with those of the shareholders by providing long-term incentives tied to the company’s performance. The program involves the disposal of 3,082 shares at a total value of 12,589,970 yen, with a transfer restriction period set for 30 years. This move is expected to strengthen the company’s governance and enhance its market positioning by fostering a commitment to sustainable corporate growth.

The most recent analyst rating on (JP:9364) stock is a Hold with a Yen4050.00 price target. To see the full list of analyst forecasts on Kamigumi Co stock, see the JP:9364 Stock Forecast page.

More about Kamigumi Co

Kamigumi Co., Ltd operates in the logistics industry, providing services related to the transportation and storage of goods. The company is listed on the Tokyo Stock Exchange Prime Market and focuses on enhancing corporate value and shareholder value through strategic initiatives.

Average Trading Volume: 261,275

Technical Sentiment Signal: Buy

Current Market Cap: Yen383B

For detailed information about 9364 stock, go to TipRanks’ Stock Analysis page.

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