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Makino Milling Machine Implements Restricted Stock Plan for Directors

Story Highlights
  • Makino Milling Machine focuses on advanced milling machines and corporate value growth.
  • The company disposes of treasury shares to align directors’ and shareholders’ interests.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Makino Milling Machine Implements Restricted Stock Plan for Directors

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An update from Makino Milling Machine Co ( (JP:6135) ) is now available.

Makino Milling Machine Co., Ltd. has announced a resolution to dispose of treasury shares as restricted stock for its directors, aiming to align the interests of directors and shareholders and incentivize sustainable growth. This move is part of a broader remuneration plan approved in 2022, which allows for the issuance of up to 38,000 shares annually to directors, excluding outside directors, to promote shared interests and corporate value enhancement.

The most recent analyst rating on (JP:6135) stock is a Buy with a Yen7700.00 price target. To see the full list of analyst forecasts on Makino Milling Machine Co stock, see the JP:6135 Stock Forecast page.

More about Makino Milling Machine Co

Makino Milling Machine Co., Ltd. operates in the manufacturing industry, focusing on producing advanced milling machines. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance corporate value through innovative remuneration plans.

Average Trading Volume: 237,931

Technical Sentiment Signal: Buy

Current Market Cap: Yen276B

For an in-depth examination of 6135 stock, go to TipRanks’ Overview page.

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