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MIDAC HOLDINGS Announces Restricted Stock Compensation Plan

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MIDAC HOLDINGS Announces Restricted Stock Compensation Plan

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MIDAC HOLDINGS CO. LTD. ( (JP:6564) ) just unveiled an update.

MIDAC HOLDINGS CO., LTD. has announced a resolution by its Board of Directors to dispose of 15,600 treasury shares as part of a restricted stock compensation plan. This initiative aims to incentivize directors of its subsidiaries by aligning their interests with shareholders and enhancing corporate value. The shares will be subject to a 50-year restriction on transfer, promoting long-term commitment from the directors.

More about MIDAC HOLDINGS CO. LTD.

Average Trading Volume: 69,453

Technical Sentiment Signal: Buy

Current Market Cap: Yen56.29B

For detailed information about 6564 stock, go to TipRanks’ Stock Analysis page.

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