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Shimano ( (JP:7309) ) has issued an update.
Shimano Inc. has completed the payment process for the disposal of 3,214 treasury shares as restricted stock remuneration, following a resolution at its Board of Directors meeting. This move involves a total value of 65,324,550 yen and is aimed at compensating directors and executive officers, potentially impacting the company’s financial strategies and stakeholder relations.
More about Shimano
Shimano Inc. operates in the manufacturing industry, primarily focusing on the production of cycling components, fishing tackle, and rowing equipment. The company is known for its innovative products and holds a significant market position in the global cycling and fishing industries.
Average Trading Volume: 358,685
Technical Sentiment Signal: Sell
Current Market Cap: Yen1795.2B
For an in-depth examination of 7309 stock, go to TipRanks’ Stock Analysis page.