RENOVA (JP:9519) has released an update.
RENOVA, Inc. has announced an additional investment in their performance-based stock compensation plan for company directors and executive officers, aiming to align their compensation with the company’s long-term performance and stock prices. The additional contribution of 20,500,000 yen is set to purchase company shares from the market between August 13 and August 21, 2024. This move reinforces RENOVA’s commitment to its mission of becoming Asia’s renewable energy leader by incentivizing its leadership’s contribution to the company’s growth.
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