tiprankstipranks
Oriental Land Co. Launches Executive Incentive Scheme
Company Announcements

Oriental Land Co. Launches Executive Incentive Scheme

Oriental Land Co (JP:4661) has released an update.

Stay Ahead of the Market:

Oriental Land Co., Ltd. has announced the sale of treasury stock through a third-party allotment to initiate a Board Benefit Trust-Restricted Stock program, aimed at linking executive compensation more closely with corporate value and shareholder interests. The transaction involves 60,356 shares priced at 4,603 yen each, totaling approximately 277.82 million yen, with the trust scheduled to commence on August 5, 2024. This strategic financial move is designed to incentivize executives and align their interests with long-term corporate growth and shareholder value.

For further insights into JP:4661 stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles