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Makita Corporation Announces Disposal of Treasury Stock as Restricted Shares

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Makita Corporation Announces Disposal of Treasury Stock as Restricted Shares

Makita Corporation ( (JP:6586) ) has shared an update.

Makita Corporation announced the disposal of 5,626 shares of treasury stock as restricted shares to 30 management employees. This move aims to align employee interests with shareholders by providing incentives for sustainable corporate value growth, with transfer restrictions in place until retirement or a specified period.

More about Makita Corporation

Makita Corporation operates in the manufacturing industry, primarily focusing on producing power tools and equipment. The company is known for its innovative solutions and has a significant presence in the global market, catering to both professional and consumer segments.

YTD Price Performance: -0.33%

Average Trading Volume: 829,163

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: Yen1310.7B

Find detailed analytics on 6586 stock on TipRanks’ Stock Analysis page.

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