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Kureha Corporation Announces Disposal of Treasury Stock for Director Remuneration

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Kureha Corporation Announces Disposal of Treasury Stock for Director Remuneration

Elevate Your Investing Strategy:

Kureha ( (JP:4023) ) has shared an update.

Kureha Corporation has announced the disposal of its treasury stock as restricted stock remuneration for its directors, excluding outside directors. This move is part of a new remuneration plan aimed at enhancing corporate value and aligning the interests of directors with shareholders. The plan involves issuing or disposing of up to 27,000 shares per year following a stock split, with a monetary compensation limit of 50 million yen. The disposal involves 6,070 shares at a total value of 18,695,600 yen, with restrictions on transfer until the directors’ retirement.

The most recent analyst rating on (JP:4023) stock is a Hold with a Yen2800.00 price target. To see the full list of analyst forecasts on Kureha stock, see the JP:4023 Stock Forecast page.

More about Kureha

Average Trading Volume: 368,150

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen166.8B

For detailed information about 4023 stock, go to TipRanks’ Stock Analysis page.

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