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Sanyo Trading Co., Ltd. ( (JP:3176) ) has issued an update.
Sanyo Trading Co., Ltd. has approved the disposal of 14,500 treasury shares as restricted stock compensation for four internal directors and eight executive officers, at a price of 1,560 yen per share for a total value of 22.62 million yen. This disposal is part of a previously approved restricted stock compensation plan designed to incentivize sustained improvement in corporate value and strengthen alignment between management and shareholders; the shares are granted in exchange for monetary compensation claims, subject to transfer restrictions that last until the recipients leave their roles, with the company able to acquire the stock without consideration under certain conditions, reinforcing long-term commitment from key management personnel.
The most recent analyst rating on (JP:3176) stock is a Hold with a Yen1629.00 price target. To see the full list of analyst forecasts on Sanyo Trading Co., Ltd. stock, see the JP:3176 Stock Forecast page.
More about Sanyo Trading Co., Ltd.
Sanyo Trading Co., Ltd., listed on the Tokyo Stock Exchange Prime Market, operates as a Japanese trading company, with a governance structure that includes internal directors, outside directors, and executive officers, and uses equity-based compensation schemes to align management interests with shareholders.
Average Trading Volume: 49,701
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen44.42B
See more insights into 3176 stock on TipRanks’ Stock Analysis page.