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KURABO INDUSTRIES LTD. ( (JP:3106) ) has provided an announcement.
Kurabo Industries Ltd. has announced a decision to make additional financial commitments to its share-based compensation plan for its directors and executive officers. This move, resolved at a recent board meeting, involves the acquisition of up to 70,000 common shares, with a maximum total acquisition cost of 350 million yen, through stock market transactions. The plan, initially introduced in 2019, aims to align the interests of the company’s leadership with its long-term performance goals.
More about KURABO INDUSTRIES LTD.
Kurabo Industries Ltd. operates in the industrial sector, focusing on the production and distribution of textiles, chemicals, and machinery. The company is listed on the Tokyo Stock Exchange and targets a diverse range of markets with its innovative products.
Average Trading Volume: 60,541
Technical Sentiment Signal: Buy
Current Market Cap: Yen126.5B
For an in-depth examination of 3106 stock, go to TipRanks’ Overview page.