Riken Vitamin Co., Ltd. (JP:4526) has released an update.
Riken Vitamin Co., Ltd. has resolved to continue incentivizing its Executive Officers by disposing of 37,100 treasury shares at 2,511 yen each, amounting to 93,158,100 yen, through a third-party allotment to The Master Trust Bank of Japan, Ltd. This move aims to improve medium- to long-term performance and corporate value, with minimal expected impact on the stock market due to reasonable dilution levels and controlled release.
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