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Nippon Pillar Packing Co., Ltd. ( (JP:6490) ) has provided an announcement.
PILLAR Corporation has announced the disposal of treasury shares as part of a remuneration plan for its directors, excluding outside directors and audit committee members. This plan aims to provide long-term incentives by allotting restricted shares, with a transfer restriction period set at 50 years, to align directors’ interests with shareholder value over time.
More about Nippon Pillar Packing Co., Ltd.
PILLAR Corporation operates in the manufacturing industry, focusing on producing and providing high-quality sealing products and solutions. The company is listed on the Prime Market of the Tokyo Stock Exchange and is known for its innovative approaches in enhancing product performance and reliability.
Average Trading Volume: 79,720
Technical Sentiment Signal: Hold
Current Market Cap: Yen87.25B
Find detailed analytics on 6490 stock on TipRanks’ Stock Analysis page.