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Onoken Co., Ltd. Announces Disposal of Treasury Shares for Director Compensation

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Onoken Co., Ltd. Announces Disposal of Treasury Shares for Director Compensation

Elevate Your Investing Strategy:

Onoken Co., Ltd. ( (JP:7414) ) just unveiled an announcement.

Onoken Co., Ltd. announced the disposal of 20,000 treasury shares as restricted stock compensation for six directors, aiming to align their interests with shareholders and enhance corporate value. This move is part of a broader strategy to replace the retirement benefit plan with a restricted stock compensation plan, promoting sustainable growth and value sharing over the long term.

More about Onoken Co., Ltd.

Onoken Co., Ltd. operates in the financial sector, focusing on providing financial services and products. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange.

Average Trading Volume: 53,451

Technical Sentiment Signal: Sell

Current Market Cap: Yen34.56B

See more data about 7414 stock on TipRanks’ Stock Analysis page.

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