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Sanki Engineering Completes Treasury Stock Disposal for Compensation

Story Highlights
  • Sanki Engineering operates in the engineering industry, listed on Tokyo Stock Exchange.
  • The company completed treasury stock disposal for compensation, impacting governance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sanki Engineering Completes Treasury Stock Disposal for Compensation

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Sanki Engineering Co ( (JP:1961) ) has shared an announcement.

Sanki Engineering Co., Ltd. announced the completion of payment procedures for the disposal of its treasury stock as restricted stock compensation. This move, resolved by the Board of Directors, involves the disposal of 69,000 shares of common stock, with a total disposal value of 277,725,000 yen. The disposal aims to allocate shares to various directors and officers, potentially impacting the company’s governance and aligning the interests of its leadership with shareholders.

More about Sanki Engineering Co

Sanki Engineering Co., Ltd. operates in the engineering industry, focusing on providing engineering solutions and services. The company is listed on the Prime Market of the Tokyo Stock Exchange under the securities code 1961.

Average Trading Volume: 189,380

Current Market Cap: Yen219B

See more insights into 1961 stock on TipRanks’ Stock Analysis page.

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