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Sakai Heavy Industries, Ltd. ( (JP:6358) ) has provided an announcement.
Sakai Heavy Industries, Ltd. announced the issuance of new shares as restricted stock compensation to its directors and executive officers. This move is part of a long-term incentive plan to align the interests of the company’s leadership with its shareholders, aiming to enhance corporate value. The issuance involves 44,800 common shares with a total value of 86,732,800 yen, and the shares are subject to a three-year transfer restriction period.
More about Sakai Heavy Industries, Ltd.
Sakai Heavy Industries, Ltd. operates in the heavy machinery industry, focusing on manufacturing and distributing construction equipment and industrial machinery. The company is listed on the Tokyo Stock Exchange Prime Market and is led by President Ichiro Sakai.
Average Trading Volume: 19,282
Technical Sentiment Signal: Sell
Current Market Cap: Yen16.56B
Find detailed analytics on 6358 stock on TipRanks’ Stock Analysis page.