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Kewpie Completes Treasury Share Disposal for Remuneration

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Kewpie Corporation ( (JP:2809) ) has shared an update.

Kewpie Corporation has completed the payment procedure for the disposal of 9,048 treasury shares as restricted share-based remuneration, following a resolution by its Board of Directors. This move is part of the company’s strategy to align the interests of its directors with those of the shareholders, potentially enhancing corporate governance and stakeholder value.

More about Kewpie Corporation

Kewpie Corporation operates in the food industry, primarily known for its production of mayonnaise, dressings, and other food products. The company focuses on delivering high-quality food items and has a significant presence in the Japanese market.

YTD Price Performance: -10.55%

Average Trading Volume: 31

Technical Sentiment Signal: Hold

Current Market Cap: €2.49B

Learn more about 2809 stock on TipRanks’ Stock Analysis page.

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