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Socionext Completes Payment for New Share Issuance

Socionext Inc. (JP:6526) has released an update.

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Socionext Inc. has completed the payment for the issuance of new shares as part of a performance-based restricted stock compensation plan. A total of 41,050 new shares have been allocated to eligible Board Directors, Executive Officers, and one employee, at an issue price of 3,871 yen per share, totaling 158,904,550 yen.

For further insights into JP:6526 stock, check out TipRanks’ Stock Analysis page.

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