Socionext Inc. (JP:6526) has released an update.
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Socionext Inc. has announced the issuance of 41,050 new shares as part of its performance-based restricted stock compensation plan for directors and executive officers. The aim is to align the interests of the leadership with corporate performance and shareholder value, with shares priced at 3,871 yen each, totaling approximately 158.9 million yen. This move, approved by the Board of Directors, incentivizes long-term corporate value enhancement.
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