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Sekisui Kasei Announces Treasury Shares Disposal for Stock Compensation

Story Highlights
  • Sekisui Kasei plans to dispose of 135,300 treasury shares as part of a compensation plan.
  • The initiative aims to align director interests with shareholders, enhancing corporate value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sekisui Kasei Announces Treasury Shares Disposal for Stock Compensation

Elevate Your Investing Strategy:

Sekisui Kasei Co., Ltd. ( (JP:4228) ) just unveiled an announcement.

Sekisui Kasei Co., Ltd. has announced a resolution to dispose of treasury shares as part of a restricted stock compensation plan. This plan aims to align the interests of shareholders and directors by linking compensation to the company’s stock value, thereby incentivizing improved medium- to long-term performance. The disposal involves 135,300 shares at a price of 321 yen each, with a total disposal amount of 43,431,300 yen. This strategic move is expected to enhance corporate value and performance, benefiting stakeholders by ensuring that directors and executive officers are more invested in the company’s success.

More about Sekisui Kasei Co., Ltd.

Sekisui Kasei Co., Ltd. operates in the manufacturing industry, focusing on producing and supplying a variety of chemical products. The company is listed on the Tokyo Prime Market, and its primary offerings include materials and solutions for packaging, construction, and automotive industries.

Average Trading Volume: 164,717

Technical Sentiment Signal: Sell

Current Market Cap: Yen14.64B

For a thorough assessment of 4228 stock, go to TipRanks’ Stock Analysis page.

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