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An update from Marudai Food Co., Ltd. ( (JP:2288) ) is now available.
Marudai Food Co., Ltd. announced its decision to dispose of 128,000 treasury shares as part of a performance-linked share-based remuneration system for its directors. This initiative aims to align directors’ interests with shareholder value, enhancing corporate performance and value over the medium to long term. The disposal, which accounts for a minor dilution of 0.48% of the total issued shares, is expected to have an insignificant impact on secondary markets.
The most recent analyst rating on (JP:2288) stock is a Hold with a Yen1913.00 price target. To see the full list of analyst forecasts on Marudai Food Co., Ltd. stock, see the JP:2288 Stock Forecast page.
More about Marudai Food Co., Ltd.
Marudai Food Co., Ltd. operates in the food industry, focusing on the production and distribution of various food products. The company is listed on the Prime Market of the Tokyo Stock Exchange.
YTD Price Performance: 24.13%
Average Trading Volume: 34,403
Technical Sentiment Signal: Buy
Current Market Cap: Yen50.54B
For an in-depth examination of 2288 stock, go to TipRanks’ Overview page.