Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Sekisui Chemical Co ( (JP:4204) ) has shared an update.
Sekisui Chemical Co., Ltd. has announced the disposal of treasury shares through a third-party allotment to continue its share-based compensation plan. This move aims to support the Board Incentive Plan Trust and Employee Stock Ownership Plan Trust, enhancing the commitment of directors and executive employees to improve the company’s long-term performance and corporate value. The disposal is expected to have minimal impact on the stock market due to the controlled release of shares, with a dilution effect of only 0.13% of the total issued shares.
The most recent analyst rating on (JP:4204) stock is a Hold with a Yen2600.00 price target. To see the full list of analyst forecasts on Sekisui Chemical Co stock, see the JP:4204 Stock Forecast page.
More about Sekisui Chemical Co
Sekisui Chemical Co., Ltd. operates in the chemical industry, focusing on the production of high-performance plastics, urban infrastructure, and environmental products. The company is known for its innovative solutions in housing, automotive, and medical sectors, aiming to enhance quality of life and sustainability.
Average Trading Volume: 1,366,964
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1085.4B
For detailed information about 4204 stock, go to TipRanks’ Stock Analysis page.