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Mimaki Engineering Co., Ltd. ( (JP:6638) ) just unveiled an announcement.
Mimaki Engineering Co., Ltd. has announced a decision by its Board of Directors to dispose of treasury shares as restricted stock-based compensation for its directors and executive officers. This move involves the disposal of 16,429 common shares at a price of 2,174 yen per share, totaling 35,716,646 yen. This strategic decision is aimed at aligning the interests of the company’s leadership with its shareholders, potentially enhancing corporate governance and long-term performance.
More about Mimaki Engineering Co., Ltd.
Mimaki Engineering Co., Ltd. operates in the engineering sector, specializing in the production of industrial inkjet printers, cutting plotters, and 3D printers. The company focuses on providing innovative digital printing solutions for various industries, including textiles, graphics, and industrial products.
Average Trading Volume: 141,378
Technical Sentiment Signal: Buy
Current Market Cap: Yen64.12B
See more data about 6638 stock on TipRanks’ Stock Analysis page.