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Nippon Shinyaku Co., Ltd. ( (JP:4516) ) has shared an announcement.
Nippon Shinyaku Co., Ltd. has announced a resolution to dispose of its treasury stock as restricted stock compensation, aimed at incentivizing its directors to enhance corporate value. This move aligns with a previously approved compensation plan, allowing directors to receive shares under specific conditions, thereby promoting long-term commitment and alignment with shareholder interests.
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 production of innovative drugs and medical products. The company aims to enhance corporate value and align the interests of its directors with shareholders through strategic compensation plans.
Average Trading Volume: 301,677
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen205.2B
For a thorough assessment of 4516 stock, go to TipRanks’ Stock Analysis page.