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Kumiai Chemical to Dispose Treasury Shares as Restricted Stock Remuneration

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Kumiai Chemical to Dispose Treasury Shares as Restricted Stock Remuneration

Elevate Your Investing Strategy:

An announcement from Kumiai Chemical Industry Co., Ltd. ( (JP:4996) ) is now available.

Kumiai Chemical Industry Co., Ltd. has announced a plan to dispose of 53,125 treasury shares as restricted stock remuneration for eligible directors and executive officers. This initiative is part of a strategy to offer long-term incentives and align the interests of its directors with those of shareholders by promoting shared value, setting a transfer restriction period of 30 years.

More about Kumiai Chemical Industry Co., Ltd.

Kumiai Chemical Industry Co., Ltd. operates in the chemical industry and is listed on the Prime Market of the Tokyo Stock Exchange. The company focuses on providing long-term incentives and promoting shared value with shareholders through its products and services.

YTD Price Performance: 2.39%

Average Trading Volume: 352,732

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen96.33B

See more insights into 4996 stock on TipRanks’ Stock Analysis page.

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