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Mugen Estate Co., Ltd. ( (JP:3299) ) has provided an update.
Mugen Estate Co., Ltd. announced the disposal of 112,000 treasury shares as restricted stock compensation for its Directors and Executive Officers, valued at 261,296,000 yen. This move is part of a compensation plan aimed at incentivizing executives to enhance corporate value and align their interests with shareholders. The shares come with transfer restrictions until the officers retire or resign, ensuring long-term commitment to the company’s goals.
More about Mugen Estate Co., Ltd.
Mugen Estate Co., Ltd. operates in the real estate industry, focusing on property investment, management, and sales. The company primarily deals with residential and commercial properties, aiming to enhance corporate value and promote value sharing with shareholders.
YTD Price Performance: 24.41%
Average Trading Volume: 160,136
Technical Sentiment Signal: Sell
Current Market Cap: Yen54.65B
For detailed information about 3299 stock, go to TipRanks’ Stock Analysis page.