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Sanyo Shokai Completes Treasury Stock Disposal as Restricted Stock Award

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Sanyo Shokai Completes Treasury Stock Disposal as Restricted Stock Award

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Sanyo Shokai Ltd. ( (JP:8011) ) just unveiled an update.

Sanyo Shokai Ltd. has completed the payment procedures for the disposal of treasury stock as restricted stock compensation, as resolved in a recent Board of Directors meeting. This move involves the disposal of 8,700 shares of common stock at a price of ¥2,897 per share, amounting to a total value of ¥25,203,900. The shares are allocated to company directors and managing officers, excluding outside directors, as part of their compensation package.

More about Sanyo Shokai Ltd.

Average Trading Volume: 69,533

Technical Sentiment Signal: Buy

Current Market Cap: Yen35.63B

Learn more about 8011 stock on TipRanks’ Stock Analysis page.

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