Kyocera Aligns Management Interests with Shareholder Value

Kyocera (JP:6971) has released an update.

Kyocera Corporation has announced the distribution of 106,863 shares of treasury stock to 31 Directors and Executive Officers as part of a restricted stock compensation plan aimed at incentivizing the increase of long-term corporate and shareholder value. The shares, valued at a total of 198,765,180 yen, will be granted without cash payment but with certain restrictions on their transferability, aligning the interests of the management with those of the shareholders.

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