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NICHIDEN Corporation Announces Treasury Share Disposal for Incentive Plan

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NICHIDEN Corporation Announces Treasury Share Disposal for Incentive Plan

Elevate Your Investing Strategy:

Nichiden Corporation ( (JP:9902) ) has shared an update.

NICHIDEN Corporation has announced the disposal of 13,700 treasury shares as part of a Restricted Stock Compensation Plan aimed at incentivizing directors and executive officers to enhance corporate value and align with shareholder interests. This strategic move, approved by the Board of Directors, involves a total disposal amount of 38,401,100 yen and sets a 30-year transfer restriction period, reflecting the company’s commitment to long-term value sharing with stakeholders.

More about Nichiden Corporation

Average Trading Volume: 23,343

Technical Sentiment Signal: Hold

Current Market Cap: Yen82.47B

See more data about 9902 stock on TipRanks’ Stock Analysis page.

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