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Nisshinbo Holdings Issues New Restricted Shares for Remuneration

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Nisshinbo Holdings ( (JP:3105) ) has issued an update.

Nisshinbo Holdings Inc. has announced the issuance of 82,665 new restricted shares as part of a remuneration plan for its directors and managing officers. This initiative, aimed at aligning the interests of directors with shareholders and enhancing corporate value, involves a total monetary remuneration of ¥68,025,028 and includes a transfer restriction period until May 2028, ensuring long-term commitment from the allottees.

More about Nisshinbo Holdings

Nisshinbo Holdings Inc. operates in the diversified industrial sector, focusing on manufacturing and technology solutions. The company provides a range of products and services, including electronics, automotive brakes, and textiles, with a market focus on innovation and sustainability.

YTD Price Performance: -8.04%

Technical Sentiment Signal: Buy

Current Market Cap: €806.3M

See more insights into 3105 stock on TipRanks’ Stock Analysis page.

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