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An announcement from LIXIL Group ( (JP:5938) ) is now available.
LIXIL Corporation announced the issuance of new shares as part of its Restricted Stock Compensation Plan, aimed at aligning the interests of its Executive Officers with those of shareholders and enhancing corporate value over the long term. This initiative involves issuing 149,905 common shares to eligible Executive Officers, with a total issuance amount of JPY265,631,660, under conditions that restrict transfer until retirement, thereby reinforcing commitment to the company’s strategic goals.
More about LIXIL Group
LIXIL Corporation operates in the home and building industry, focusing on providing innovative products and services related to housing and building materials. The company is known for its comprehensive range of products including bathroom fixtures, kitchen systems, and other home improvement solutions, primarily targeting both residential and commercial markets.
YTD Price Performance: 9.24%
Average Trading Volume: 100
Technical Sentiment Signal: Hold
Current Market Cap: $3.34B
For detailed information about 5938 stock, go to TipRanks’ Stock Analysis page.