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Riken Keiki Implements Restricted Stock Compensation Plan

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Riken Keiki Implements Restricted Stock Compensation Plan

Elevate Your Investing Strategy:

Riken Keiki Co., Ltd. ( (JP:7734) ) just unveiled an update.

Riken Keiki Co., Ltd. has announced the disposal of 7,399 treasury shares as part of a restricted stock compensation plan for its directors. This move aims to provide long-term incentives and align the interests of directors with shareholders by imposing a 30-year transfer restriction on the shares, reflecting the company’s commitment to sustainable growth and stakeholder value.

More about Riken Keiki Co., Ltd.

Riken Keiki Co., Ltd. operates in the industrial sector, focusing on manufacturing and distributing gas detection and monitoring equipment. The company is listed on the Tokyo Stock Exchange and is known for providing safety solutions to various industries.

Average Trading Volume: 69,174

Technical Sentiment Signal: Hold

Current Market Cap: Yen137B

Learn more about 7734 stock on TipRanks’ Stock Analysis page.

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