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The latest update is out from Makita Corporation ( (JP:6586) ).
Makita Corporation announced the disposal of treasury stock as part of a stock-based compensation plan for its directors, aimed at aligning their interests with shareholders by sharing stock price risks and rewards. This move is designed to enhance directors’ motivation to improve the company’s stock price and corporate value, with a long-term transfer restriction period set to ensure sustained commitment.
The most recent analyst rating on (JP:6586) stock is a Buy with a Yen6000.00 price target. To see the full list of analyst forecasts on Makita Corporation stock, see the JP:6586 Stock Forecast page.
More about Makita Corporation
Makita Corporation operates in the manufacturing industry, primarily focusing on producing power tools and related equipment. The company is known for its innovation and quality in the power tools market, catering to both professional and consumer markets globally.
Average Trading Volume: 954,904
Technical Sentiment Signal: Hold
Current Market Cap: Yen1156.2B
Learn more about 6586 stock on TipRanks’ Stock Analysis page.