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SECOM Co. Announces Disposal of Treasury Stock for Director Compensation

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SECOM Co. Announces Disposal of Treasury Stock for Director Compensation

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Secom Co ( (JP:9735) ) just unveiled an announcement.

SECOM Co., Ltd. has announced the disposal of 13,101 shares of its treasury stock as restricted stock compensation to six of its directors. This move is part of a broader plan to incentivize directors to enhance corporate value and align their interests with shareholders. The restricted stock plan, initially introduced in 2017, has undergone modifications to extend the non-transferable period until directors resign or retire, further promoting long-term value enhancement.

The most recent analyst rating on (JP:9735) stock is a Hold with a Yen11000.00 price target. To see the full list of analyst forecasts on Secom Co stock, see the JP:9735 Stock Forecast page.

More about Secom Co

SECOM Co., Ltd. operates in the security services industry, providing a range of security solutions and services. The company focuses on enhancing corporate value and aligning the interests of its directors with those of its shareholders.

Average Trading Volume: 1,107,398

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen2325B

See more insights into 9735 stock on TipRanks’ Stock Analysis page.

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