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An update from SHIKOKU KASEI HOLDINGS CORPORATION ( (JP:4099) ) is now available.
SHIKOKU KASEI HOLDINGS CORPORATION has announced a resolution to dispose of 93,000 treasury shares through a third-party allotment as part of its share-based remuneration system. This move aims to align the interests of its directors and executive officers with shareholders by linking their remuneration to the company’s share value, thereby enhancing corporate value over the medium to long term. The disposal is expected to have a negligible impact on the trading market due to its minimal dilution effect.
More about SHIKOKU KASEI HOLDINGS CORPORATION
SHIKOKU KASEI HOLDINGS CORPORATION operates in the chemical industry, focusing on the production and distribution of chemical products. The company is listed on the Tokyo Prime Market and is involved in initiatives to enhance corporate value through strategic financial maneuvers.
YTD Price Performance: -15.54%
Average Trading Volume: 85,408
Technical Sentiment Signal: Hold
Current Market Cap: Yen78.43B
For a thorough assessment of 4099 stock, go to TipRanks’ Stock Analysis page.