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The latest announcement is out from OBIC Co ( (JP:4684) ).
OBIC Co., Ltd. has announced the disposal of 21,700 treasury shares as part of a restricted share-based remuneration plan for its directors. This move is aimed at incentivizing directors to enhance corporate value and align their interests with shareholders. The shares will be disposed of at a price of ¥5,462 each, totaling ¥118,525,400, and are part of a broader plan approved in 2022 to grant monetary remuneration claims to directors for acquiring restricted shares.
The most recent analyst rating on (JP:4684) stock is a Hold with a Yen5140.00 price target. To see the full list of analyst forecasts on OBIC Co stock, see the JP:4684 Stock Forecast page.
More about OBIC Co
OBIC Co., Ltd. operates in the technology industry, focusing on providing software solutions and IT services. The company is known for its enterprise resource planning (ERP) systems and has a significant presence in the Japanese market.
Average Trading Volume: 997,850
Technical Sentiment Signal: Buy
Current Market Cap: Yen2660.4B
For a thorough assessment of 4684 stock, go to TipRanks’ Stock Analysis page.