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NS Tool Co., Ltd. ( (JP:6157) ) has shared an announcement.
NS Tool Co., Ltd. announced its decision to dispose of treasury stock as part of a restricted stock compensation plan aimed at incentivizing employees and aligning their interests with shareholders. The plan involves distributing 11,500 common shares to eligible employees, with restrictions on transfer until December 2028, to encourage long-term commitment and contribution to the company’s value.
More about NS Tool Co., Ltd.
NS Tool Co., Ltd. operates in the manufacturing industry, primarily focusing on the production of high-precision cutting tools. The company is listed on the Tokyo Stock Exchange and serves various sectors requiring precision tooling solutions.
Average Trading Volume: 54,326
Technical Sentiment Signal: Hold
Current Market Cap: Yen21.09B
For an in-depth examination of 6157 stock, go to TipRanks’ Overview page.