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Morinaga Milk Industry Co., Ltd. ( (JP:2264) ) has provided an announcement.
Morinaga Milk Industry Co., Ltd. announced its decision to dispose of 23,900 shares of treasury stock as restricted stock compensation. This move is part of a plan to align the interests of its directors and managing officers with those of shareholders, aiming to enhance corporate value and incentivize leadership to contribute to stock price growth. The restricted stock plan, approved in 2018, sets a 30-year transfer restriction period to ensure long-term commitment from eligible officers.
The most recent analyst rating on (JP:2264) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on Morinaga Milk Industry Co., Ltd. stock, see the JP:2264 Stock Forecast page.
More about Morinaga Milk Industry Co., Ltd.
Morinaga Milk Industry Co., Ltd. operates in the dairy industry, primarily focusing on the production and distribution of milk and related products. The company is a key player in the Japanese market, known for its innovation in dairy products and commitment to enhancing corporate value.
Average Trading Volume: 319,188
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen294.7B
For a thorough assessment of 2264 stock, go to TipRanks’ Stock Analysis page.