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Kuraray Co ( (JP:3405) ) has provided an announcement.
Kuraray Co., Ltd. has completed payment procedures for the disposal of 87,710 ordinary treasury shares, which have been allotted as restricted stock compensation to its management team. The shares, disposed of at ¥1,619 each for a total of about ¥142 million, were granted mainly to six directors, 19 executive officers, and 11 associate executive officers in the form of in-kind contributions of monetary remuneration claims.
The transaction forms part of Kuraray’s restricted stock compensation scheme, designed to align the interests of senior management with those of shareholders by linking compensation more closely to the company’s share performance. By using treasury shares for this purpose and disclosing the details in an Extraordinary Report, the company underscores its commitment to transparent governance and long-term incentive structures for key executives.
The most recent analyst rating on (JP:3405) stock is a Sell with a Yen1540.00 price target. To see the full list of analyst forecasts on Kuraray Co stock, see the JP:3405 Stock Forecast page.
More about Kuraray Co
Kuraray Co., Ltd. is a Japanese chemical manufacturer engaged primarily in the production of advanced materials and chemical products. The company focuses on supplying industrial customers with specialty materials and solutions that support a wide range of manufacturing and technology applications in global markets.
Average Trading Volume: 1,744,422
Technical Sentiment Signal: Hold
Current Market Cap: Yen497.7B
Learn more about 3405 stock on TipRanks’ Stock Analysis page.