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NSK Ltd. ( (JP:6471) ) has issued an update.
NSK Ltd. has announced the disposal of treasury shares through a third-party allotment to Custody Bank of Japan, Ltd., as part of its stock compensation system for directors and incentive plans for employees. This move aims to allocate shares as compensation for services provided, aligning with the company’s performance-linked compensation strategy and employee stock ownership plan, impacting 0.48% of total issued shares.
The most recent analyst rating on (JP:6471) stock is a Sell with a Yen650.00 price target. To see the full list of analyst forecasts on NSK Ltd. stock, see the JP:6471 Stock Forecast page.
More about NSK Ltd.
NSK Ltd. operates in the manufacturing industry, primarily focusing on producing bearings, automotive products, and precision machinery. The company is known for its innovation in motion and control technologies, serving a global market with a focus on enhancing operational efficiency and sustainability.
Average Trading Volume: 2,149,628
Technical Sentiment Signal: Buy
Current Market Cap: Yen334.9B
For an in-depth examination of 6471 stock, go to TipRanks’ Overview page.