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The latest announcement is out from Nichirei Corporation ( (JP:2871) ).
Nichirei Corporation has announced the issuance of new shares as part of a restricted stock compensation system aimed at providing long-term incentives for its directors and executive officers. This initiative is designed to align the interests of the company’s leadership with those of its shareholders by issuing 55,225 ordinary shares to eligible directors and officers, with a 30-year transfer restriction period to ensure sustained commitment and value sharing.
The most recent analyst rating on (JP:2871) stock is a Buy with a Yen2250.00 price target. To see the full list of analyst forecasts on Nichirei Corporation stock, see the JP:2871 Stock Forecast page.
More about Nichirei Corporation
Nichirei Corporation operates in the food industry, focusing on the production and distribution of processed foods, logistics, and other related services. The company is listed on the Tokyo Stock Exchange and is known for its commitment to providing high-quality food products and services.
Average Trading Volume: 1,131,687
Technical Sentiment Signal: Buy
Current Market Cap: Yen476.7B
See more data about 2871 stock on TipRanks’ Stock Analysis page.