Mitsui & Co (JP:8031) has released an update.
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Mitsui & Co., Ltd. is set to dispose of 173,000 shares of treasury stock on July 29, 2024, as part of a remuneration system for its directors. The system aims to incentivize directors with a medium to long-term view by tying stock-based compensation to the company’s performance. Each share will be sold at 3,794 yen, totaling approximately 656 million yen, under strict conditions including a 30-year transfer restriction.
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