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An update from KONDOTEC INC. ( (JP:7438) ) is now available.
KONDOTEC INC. announced a resolution to dispose of 21,500 treasury shares as restricted shares to incentivize its executive officers and certain employees. This move is part of a broader plan to align employee interests with shareholder value over the medium term, with a transfer restriction period set for approximately three years. The initiative aims to enhance the company’s operational efficiency and strengthen its market position by fostering a sense of ownership among key personnel.
The most recent analyst rating on (JP:7438) stock is a Buy with a Yen2013.00 price target. To see the full list of analyst forecasts on KONDOTEC INC. stock, see the JP:7438 Stock Forecast page.
More about KONDOTEC INC.
KONDOTEC INC. operates in the industrial sector, focusing on the distribution and manufacturing of construction materials and equipment. The company is listed on the Tokyo Stock Exchange Prime Market under the securities code 7438.
Average Trading Volume: 23,481
Technical Sentiment Signal: Buy
Current Market Cap: Yen42.02B
Find detailed analytics on 7438 stock on TipRanks’ Stock Analysis page.