Ryohin Keikaku Co (JP:7453) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Ryohin Keikaku Co., Ltd. is set to boost employee motivation and corporate value through a Trust-type Employee Shareholding Incentive Plan, by disposing of 1,056,900 treasury shares to Nomura Trust and Banking Co., Ltd. for ¥2,753,752,950. The shares will be sold at ¥2,605.5 each, equivalent to the market price prior to the Board of Directors’ resolution, ensuring a fair valuation reflecting the company’s worth without undue advantage to the allottee.
For further insights into JP:7453 stock, check out TipRanks’ Stock Analysis page.