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Sanyo Electric Railway Co., Ltd. ( (JP:9052) ) has provided an announcement.
Sanyo Electric Railway Co., Ltd. announced the disposal of 45,000 treasury shares as part of a stock-based remuneration system aimed at aligning the interests of its Directors and Executive Officers with shareholders. This move is expected to enhance corporate value over the medium to long term, with minimal impact on the secondary market due to the small scale of dilution.
More about Sanyo Electric Railway Co., Ltd.
Sanyo Electric Railway Co., Ltd. operates in the transportation industry, primarily focusing on railway services. The company is listed on the Prime Market of the Tokyo Stock Exchange.
Average Trading Volume: 23,044
Technical Sentiment Signal: Strong Sell
Current Market Cap: Yen44.42B
See more insights into 9052 stock on TipRanks’ Stock Analysis page.