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The latest announcement is out from Nakayama Steel Works,Ltd. ( (JP:5408) ).
Nakayama Steel Works, Ltd. has announced the disposal of 40,610 treasury shares as restricted stock remuneration for its directors and executive officers. This move is part of a new remuneration system aimed at incentivizing directors to enhance corporate value and align their interests with shareholders. The system involves issuing shares to directors, excluding audit and supervisory committee members and outside directors, with restrictions on transfer and provisions for the company’s acquisition of shares under certain conditions.
More about Nakayama Steel Works,Ltd.
Nakayama Steel Works, Ltd. operates in the steel industry, focusing on the production and distribution of steel products. The company is listed on the Tokyo Stock Exchange Prime Market under the stock code 5408.
Average Trading Volume: 307,504
Technical Sentiment Signal: Sell
Current Market Cap: Yen33.46B
For an in-depth examination of 5408 stock, go to TipRanks’ Overview page.