tiprankstipranks
Trending News
More News >

Mitsui & Co. Completes New Share Issuance for Stock-Based Remuneration

Story Highlights

Protect Your Portfolio Against Market Uncertainty

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App