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Nippon Shinyaku Completes Treasury Stock Disposal for Executive Compensation

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Nippon Shinyaku Completes Treasury Stock Disposal for Executive Compensation

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The latest announcement is out from Nippon Shinyaku Co., Ltd. ( (JP:4516) ).

Nippon Shinyaku Co., Ltd. has completed the disposal of 22,409 shares of its treasury stock, which were allocated as restricted stock compensation to six of its directors, excluding outside directors. This strategic move, valued at over 70 million yen, reflects the company’s approach to aligning executive incentives with shareholder interests, potentially impacting its governance and financial strategies.

The most recent analyst rating on (JP:4516) stock is a Hold with a Yen3900.00 price target. To see the full list of analyst forecasts on Nippon Shinyaku Co., Ltd. stock, see the JP:4516 Stock Forecast page.

More about Nippon Shinyaku Co., Ltd.

Nippon Shinyaku Co., Ltd. operates in the pharmaceutical industry, focusing on the development and distribution of innovative drugs and medical products. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its commitment to enhancing patient care through its specialized offerings.

Average Trading Volume: 330,990

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen221.6B

For detailed information about 4516 stock, go to TipRanks’ Stock Analysis page.

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