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Koito Completes Stock Disposal for Compensation Plan

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Koito Completes Stock Disposal for Compensation Plan

Elevate Your Investing Strategy:

Koito Manufacturing Co ( (JP:7276) ) has issued an announcement.

Koito Manufacturing Co., Ltd. has completed the payment procedures for the disposal of its common stock as part of a restricted stock compensation plan. This move, involving the disposal of 156,700 shares at a total value of ¥268,740,500, is aimed at remunerating its directors and corporate officers, potentially impacting the company’s financial strategies and stakeholder interests.

The most recent analyst rating on (JP:7276) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on Koito Manufacturing Co stock, see the JP:7276 Stock Forecast page.

More about Koito Manufacturing Co

Koito Manufacturing Co., Ltd. operates in the automotive industry, primarily focusing on the production of lighting equipment for vehicles. It is a key player in the market, providing essential components for automotive manufacturers.

YTD Price Performance: -8.91%

Average Trading Volume: 1,053,708

Technical Sentiment Signal: Sell

Current Market Cap: Yen554.9B

Learn more about 7276 stock on TipRanks’ Stock Analysis page.

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