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The latest update is out from Mitsui & Co ( (JP:8031) ).
Mitsui & Co., Ltd. has completed the issuance of new shares as part of a post-delivery transfer-restricted stock-based remuneration plan. This issuance, approved by the Board of Directors, involves 493,304 common stock shares at an issue price of 2,926 yen per share, amounting to a total value of 1,443,407,504 yen. The allocation targets 8 managing officers, including 6 retired officers, which reflects Mitsui’s strategic approach to incentivizing its leadership and aligning their interests with the company’s long-term goals.
More about Mitsui & Co
Mitsui & Co., Ltd. is a Japanese company headquartered in Tokyo, led by President and CEO Kenichi Hori. It operates in various industries, providing a wide range of products and services, with a focus on global market expansion.
YTD Price Performance: -2.85%
Average Trading Volume: 17,657
Technical Sentiment Signal: Strong Sell
Current Market Cap: $57.38B
See more data about 8031 stock on TipRanks’ Stock Analysis page.