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Rheon Automatic Machinery Co ( (JP:6272) ) has shared an update.
Rheon Automatic Machinery Co., Ltd. announced the disposal of treasury shares as part of a restricted stock-based remuneration plan aimed at incentivizing its Board Members and Operating Officers. This initiative is designed to align the interests of the company’s leadership with those of its shareholders, promoting sustainable growth and enhancing corporate value. The plan involves the allocation of 11,745 shares to eligible officers, with specific conditions for transfer restrictions and removal based on tenure and service period.
More about Rheon Automatic Machinery Co
Rheon Automatic Machinery Co., Ltd. operates in the machinery industry, focusing on the production of automatic machinery. The company is listed on the Tokyo Stock Exchange Prime Market and is recognized for its innovative solutions in machinery automation.
Average Trading Volume: 72,239
Technical Sentiment Signal: Sell
Current Market Cap: Yen33.13B
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