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Seiren Co ( (JP:3569) ) just unveiled an update.
Seiren Co., Ltd. has announced the disposal of 128,000 treasury shares as restricted stock compensation for its directors and executive officers. This move is part of a broader compensation plan aimed at aligning the interests of its leadership with shareholders and promoting sustainable corporate value. The plan allows for up to 170,000 shares to be allocated annually, with restrictions on transfer and provisions for the company to reacquire shares under certain conditions, reflecting a strategic effort to enhance governance and incentivize performance.
More about Seiren Co
Seiren Co., Ltd. operates in the textile industry, focusing on the production and distribution of high-quality fabrics and materials. The company is known for its innovative approach to textile manufacturing and has a significant presence in the Japanese market.
Average Trading Volume: 128,479
Technical Sentiment Signal: Hold
Current Market Cap: Yen123.2B
See more data about 3569 stock on TipRanks’ Stock Analysis page.