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Needs Well, Inc. ( (JP:3992) ) has provided an announcement.
Needs Well Inc. has approved the disposal of 9,754 shares of its treasury stock as restricted stock compensation for four internal directors, with a disposal price of ¥574 per share and a total value of approximately ¥5.6 million. The move follows shareholder approval to introduce a restricted stock compensation framework and transition to a company with an Audit and Supervisory Committee, aiming to better align directors’ incentives with shareholder interests, tie compensation to stock performance, and support the company’s long-term corporate value and governance structure through strict transfer restrictions, clawback provisions, and rules for treatment in corporate reorganizations.
The most recent analyst rating on (JP:3992) stock is a Hold with a Yen625.00 price target. To see the full list of analyst forecasts on Needs Well, Inc. stock, see the JP:3992 Stock Forecast page.
More about Needs Well, Inc.
Needs Well Inc., listed on the Tokyo Stock Exchange Prime Market, operates in the information services and technology sector, providing IT solutions and related services from its head office in Chiyoda-ku, Tokyo. The company is led by President and CEO Hajime Matsuoka and focuses on enhancing corporate value and aligning management interests with shareholders through equity-based compensation and governance reforms, including its transition to a company with an Audit and Supervisory Committee.
Average Trading Volume: 185,676
Technical Sentiment Signal: Buy
Current Market Cap: Yen23.39B
For a thorough assessment of 3992 stock, go to TipRanks’ Stock Analysis page.