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Morita Holdings Corporation ( (JP:6455) ) has issued an update.
Morita Holdings Corporation has announced a resolution to dispose of 103,493 treasury shares as part of a restricted stock compensation plan aimed at incentivizing its directors and executive officers. This initiative, which aligns with the company’s strategy to foster long-term value sharing with shareholders, involves a total monetary compensation of 219,612,146 yen and is designed to enhance motivation and commitment among key personnel.
More about Morita Holdings Corporation
Morita Holdings Corporation operates in the manufacturing industry, primarily focusing on producing and distributing fire trucks, fire protection equipment, and other safety-related products. The company is listed on the Tokyo Prime market and is committed to enhancing its corporate value through innovative compensation plans.
Average Trading Volume: 67,572
Technical Sentiment Signal: Buy
Current Market Cap: Yen98.62B
See more insights into 6455 stock on TipRanks’ Stock Analysis page.