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Nitto Kohki Co., Ltd. ( (JP:6151) ) has issued an announcement.
Nitto Kohki Co., Ltd. has announced a plan to dispose of its treasury shares as part of a Restricted Stock Incentive plan for its Employee Shareholding Association. This initiative aims to enhance employee welfare and motivation by allowing eligible employees to acquire company shares, thereby aligning their interests with those of the shareholders and promoting corporate value. The plan involves issuing restricted shares to employees based on their years of service, with the goal of fostering long-term commitment and engagement within the company.
The most recent analyst rating on (JP:6151) stock is a Hold with a Yen1829.00 price target. To see the full list of analyst forecasts on Nitto Kohki Co., Ltd. stock, see the JP:6151 Stock Forecast page.
More about Nitto Kohki Co., Ltd.
Nitto Kohki Co., Ltd. operates in the manufacturing industry, primarily focusing on producing industrial tools, quick connect couplings, and pumps. The company is known for its innovative products and solutions that cater to various industrial needs, enhancing efficiency and productivity.
Average Trading Volume: 11,611
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen33.07B
For an in-depth examination of 6151 stock, go to TipRanks’ Overview page.