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Nagaileben Co., Ltd. Announces Disposal of Treasury Shares for Director Remuneration

Story Highlights
  • Nagaileben Co., Ltd. will dispose of 17,699 treasury shares for director remuneration.
  • The disposal aims to align director and shareholder interests, with minimal share dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Nagaileben Co., Ltd. Announces Disposal of Treasury Shares for Director Remuneration

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Nagaileben Co., Ltd. ( (JP:7447) ) has provided an update.

Nagaileben Co., Ltd. has announced a decision to dispose of 17,699 treasury shares as part of a restricted share-based remuneration plan for its directors. This move is intended to align the interests of directors with shareholders by linking their compensation to the company’s stock performance, thereby incentivizing them to enhance corporate value. The disposal will result in a minimal dilution of 0.06% of the total issued shares, which the company considers reasonable for achieving the plan’s objectives.

More about Nagaileben Co., Ltd.

Nagaileben Co., Ltd. operates in the healthcare industry, primarily focusing on the production and sale of medical and nursing care uniforms. The company is known for its high-quality products that cater to the needs of healthcare professionals, aiming to enhance comfort and functionality in medical environments.

Average Trading Volume: 103,577

Technical Sentiment Signal: Sell

Current Market Cap: Yen47.48B

See more insights into 7447 stock on TipRanks’ Stock Analysis page.

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