Lintec ( (JP:7966) ) just unveiled an announcement.
Lintec Corporation has announced a resolution by its Board of Directors to dispose of treasury shares as part of a restricted stock compensation scheme. This initiative aims to align the interests of its executive officers with those of shareholders by promoting shareholding and enhancing corporate value. The scheme involves the allocation of 28,400 common shares to 19 executive officers, with a total disposal value of 73,215,200 yen. This move is expected to incentivize executives to contribute to the company’s growth and share price appreciation, potentially impacting Lintec’s market positioning and stakeholder interests.
More about Lintec
Lintec Corporation operates in the manufacturing industry, focusing on adhesive-related products and materials. The company is known for its development and production of pressure-sensitive adhesive materials, including labels, tapes, and films, catering to a wide range of markets globally.
YTD Price Performance: 2.42%
Average Trading Volume: 100
Technical Sentiment Signal: Strong Sell
Current Market Cap: $1.24B
See more data about 7966 stock on TipRanks’ Stock Analysis page.