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Sanyo Denki Completes Treasury Shares Disposal for Stock Compensation

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Sanyo Denki Completes Treasury Shares Disposal for Stock Compensation

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Sanyo Denki Co., Ltd. ( (JP:6516) ) has issued an announcement.

Sanyo Denki Co., Ltd. has completed the payment procedures for the disposal of treasury shares as stock compensation with transfer restrictions. This move involves the disposal of 8,144 common shares at a value of 9,770 yen per share, totaling 79,566,880 yen, allocated to company directors and operating officers, which may impact the company’s financial structuring and stakeholder interests.

The most recent analyst rating on (JP:6516) stock is a Hold with a Yen9800.00 price target. To see the full list of analyst forecasts on Sanyo Denki Co., Ltd. stock, see the JP:6516 Stock Forecast page.

More about Sanyo Denki Co., Ltd.

Sanyo Denki Co., Ltd. operates in the electronics industry, focusing on the production of cooling systems, power systems, and servo systems, catering to a global market.

Average Trading Volume: 31,604

Technical Sentiment Signal: Buy

Current Market Cap: Yen114.5B

For detailed information about 6516 stock, go to TipRanks’ Stock Analysis page.

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