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An announcement from Mercari ( (JP:4385) ) is now available.
Mercari, Inc. announced an issuance of new shares as part of its Restricted Stock Units (RSU) Award Plan for employees of its subsidiary in the United States. This move, aimed at enhancing employee incentives, involves issuing 87,360 shares at a price of 1,675.5 yen per share. The initiative reflects Mercari’s strategy to align employee interests with company performance, potentially strengthening its position in the competitive e-commerce market.
More about Mercari
Mercari, Inc. is a Japanese company primarily operating in the e-commerce industry. It is known for its marketplace app that allows users to buy and sell items, with a significant market focus on both domestic and international markets, particularly in the United States.
YTD Price Performance: -5.19%
Average Trading Volume: 100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.76B
Learn more about 4385 stock on TipRanks’ Stock Analysis page.
