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Nichiha Corporation ( (JP:7943) ) has provided an update.
Nichiha Corporation announced the completion of payment procedures for the disposal of treasury shares as restricted stock compensation, following a resolution by its Board of Directors. This move involves the disposal of 16,494 common shares at a price of 2,958 yen per share, amounting to a total of 48,789,252 yen, and is aimed at compensating eligible directors and managing officers, potentially impacting the company’s financial strategy and stakeholder interests.
More about Nichiha Corporation
Nichiha Corporation operates in the construction materials industry, specializing in the production of fiber cement siding and other building materials. The company focuses on providing innovative and sustainable solutions for residential and commercial construction projects.
Average Trading Volume: 54,063
Technical Sentiment Signal: Buy
Current Market Cap: Yen111.7B
See more insights into 7943 stock on TipRanks’ Stock Analysis page.