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Nippon Aqua Co., Ltd. ( (JP:1429) ) has issued an announcement.
Nippon Aqua has completed the payment process for a disposal of treasury shares used as restricted stock compensation for employees, a move aimed at strengthening its stock-based remuneration framework and employee incentives. Due to 33 employees no longer meeting eligibility requirements at the time of allocation, the number of shares to be disposed of was reduced from 350,000 to 323,000, cutting the total disposal value from ¥299.95 million to ¥276.81 million and narrowing the number of allottees from 200 to 167, with the company stating that the impact on current-term performance is not material.
The most recent analyst rating on (JP:1429) stock is a Hold with a Yen945.00 price target. To see the full list of analyst forecasts on Nippon Aqua Co., Ltd. stock, see the JP:1429 Stock Forecast page.
More about Nippon Aqua Co., Ltd.
Nippon Aqua Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates in Japan’s construction and building materials sector, focusing on housing and environmental solutions such as insulation and related services for residential and commercial buildings.
Average Trading Volume: 109,986
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen28.95B
Find detailed analytics on 1429 stock on TipRanks’ Stock Analysis page.