TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Mitsubishi Gas Chemical Company ( (JP:4182) ) just unveiled an announcement.
Mitsubishi Gas Chemical Company, Inc. has announced a resolution to dispose of treasury shares as part of a restricted stock compensation plan aimed at incentivizing its directors and executive officers. This move is intended to foster long-term improvements in corporate value and better align the interests of executives with those of shareholders. The disposal involves 34,800 shares of common stock, valued at 75,081,000 yen, and is part of a broader strategy to provide monetary compensation that is reinvested into company shares, with restrictions on transfer for 30 years.
The most recent analyst rating on (JP:4182) stock is a Buy with a Yen3040.00 price target. To see the full list of analyst forecasts on Mitsubishi Gas Chemical Company stock, see the JP:4182 Stock Forecast page.
More about Mitsubishi Gas Chemical Company
Mitsubishi Gas Chemical Company, Inc. operates in the chemical industry, focusing on the production and supply of a wide range of chemical products. The company is listed on the Tokyo Stock Exchange and is known for its commitment to enhancing corporate value and aligning the interests of its executives with shareholders.
Average Trading Volume: 798,524
Technical Sentiment Signal: Hold
Current Market Cap: Yen418.5B
For an in-depth examination of 4182 stock, go to TipRanks’ Overview page.