OXIDE Corp Adjusts Restricted Stock Issue

OXIDE Corp. (JP:6521) has released an update.

OXIDE Corporation has completed the issuance of new shares as restricted stock compensation, with amendments to the original plan due to the forfeiture of rights by some employees. The changes include a slight reduction in the number of shares and allottees, with the new total being 13,098 shares issued to 222 employees. This adjustment is not expected to significantly affect the company’s consolidated earnings forecast for the fiscal year ending February 2025.

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