tiprankstipranks
Trending News
More News >

Sanwa Holdings Announces Disposal of Treasury Stock to Subsidiary Leaders

Story Highlights
Sanwa Holdings Announces Disposal of Treasury Stock to Subsidiary Leaders

Sanwa Holdings ( (JP:5929) ) has provided an update.

Sanwa Holdings Corporation has announced a resolution to dispose of 25,030 shares of its treasury stock as restricted stock to directors and executive officers of its subsidiary, Sanwa Shutter Corporation. This move is part of a strategy to align the interests of its leadership with shareholders and encourage long-term service, with specific conditions set for the restriction period and termination of transfer restrictions.

More about Sanwa Holdings

Sanwa Holdings Corporation operates in the manufacturing industry, focusing on producing and distributing building materials, particularly shutters and doors. The company is listed on the Tokyo Stock Exchange and aims to enhance its corporate value through strategic initiatives.

YTD Price Performance: 14.75%

Average Trading Volume: 275

Technical Sentiment Signal: Sell

Current Market Cap: $6.99B

See more insights into 5929 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App