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Nippon Parking Development Co., Ltd. ( (JP:2353) ) just unveiled an update.
Nippon Parking Development has resolved to issue its 21st series of stock acquisition rights (stock options) to 20 executives, including directors of the company and its subsidiaries, with the aim of strengthening management’s incentive to improve business performance and enhance corporate value. The program covers up to 16,800 stock acquisition rights, corresponding to a maximum of 1,680,000 common shares, carries no upfront payment for the options, and sets an exercise price of ¥284 per share, subject to standard adjustments for share splits, consolidations, and certain equity issuances, with an exercise period running from January 2028 to October 2031, aligning executive compensation more closely with shareholder interests and the company’s long-term performance.
The most recent analyst rating on (JP:2353) stock is a Hold with a Yen299.00 price target. To see the full list of analyst forecasts on Nippon Parking Development Co., Ltd. stock, see the JP:2353 Stock Forecast page.
More about Nippon Parking Development Co., Ltd.
Nippon Parking Development Co., Ltd., listed on the Tokyo Stock Exchange Prime Market (code 2353), operates in the parking and related services industry, focusing on the development, operation, and management of parking facilities and associated businesses in Japan. The company targets urban and high-traffic areas, positioning itself as a specialist in parking infrastructure and value-added services that support mobility and real estate utilization.
Average Trading Volume: 1,273,947
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen92.71B
For an in-depth examination of 2353 stock, go to TipRanks’ Overview page.