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Shindengen Electric Mfg Co Ltd ( (JP:6844) ) has provided an announcement.
Shindengen Electric Manufacturing Co., Ltd. has completed the payment procedures for the disposal of treasury stock as restricted stock compensation, as resolved in their Board of Directors meeting. This move involves the disposal of 4,453 shares at a value of 2,136 yen per share, totaling 9,511,608 yen, and is aimed at compensating directors, excluding outside directors, which could potentially impact the company’s financial structure and stakeholder interests.
More about Shindengen Electric Mfg Co Ltd
Shindengen Electric Manufacturing Co., Ltd. operates in the electronics industry, focusing on the production of power semiconductors, power systems, and automotive electronics. The company is listed on the Prime Market of the Tokyo Stock Exchange, indicating its significant presence in the market.
Average Trading Volume: 50,106
Technical Sentiment Signal: Hold
Current Market Cap: Yen25.53B
See more data about 6844 stock on TipRanks’ Stock Analysis page.