Sega Sammy Holdings (JP:6460) has released an update.
Sega Sammy Holdings Inc. has finalized the details of an employee incentive plan, the ‘Stock-granting ESOP Trust,’ and will dispose of 2 million shares of treasury stock to support this initiative. The disposal, scheduled for August 30, 2024, at 2,181 yen per share, aims to boost employee engagement in management and long-term corporate value. The expected dilution from this disposal is minimal at 0.83%, with safeguards to minimize market impact.
For further insights into JP:6460 stock, check out TipRanks’ Stock Analysis page.
