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Lintec ( (JP:7966) ) has provided an announcement.
Lintec Corporation has approved the disposal of 15,700 treasury shares as restricted stock compensation for 20 executive officers, at a price of ¥4,935 per share and a total value of ¥77,479,500. The shares will be allotted for the 133rd fiscal year as in-kind payment of monetary compensation claims, with allocation amounts adjusted for each officer’s role and contributions.
This move forms part of Lintec’s broader restricted stock compensation scheme designed to align executives’ interests with shareholders by tying pay to long-term share performance. With a 30-year transfer restriction period and conditions for free acquisition if officers leave early, the plan aims to strengthen commitment to enhancing corporate value and share price, reinforcing governance and incentivization structures across directors and executive officers.
The most recent analyst rating on (JP:7966) stock is a Buy with a Yen5500.00 price target. To see the full list of analyst forecasts on Lintec stock, see the JP:7966 Stock Forecast page.
More about Lintec
Lintec Corporation is a Japan-based manufacturer best known for adhesive-related products, including pressure-sensitive papers, films, and industrial materials. The company serves domestic and global markets, supplying materials used in packaging, electronics, and various industrial applications, and is listed on the Tokyo Stock Exchange Prime Market under code 7966.
Average Trading Volume: 209,574
Technical Sentiment Signal: Buy
Current Market Cap: Yen338.4B
For a thorough assessment of 7966 stock, go to TipRanks’ Stock Analysis page.