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SPACE CO., LTD. Announces Disposal of Treasury Shares for Director Remuneration

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SPACE CO., LTD. Announces Disposal of Treasury Shares for Director Remuneration

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An announcement from SPACE CO., LTD. ( (JP:9622) ) is now available.

SPACE CO., LTD. has announced its decision to dispose of 34,200 treasury shares as part of a restricted share-based remuneration plan for its directors and executive officers. This move aims to align the interests of its directors with shareholders by sharing the benefits and risks of share price fluctuations, thereby enhancing motivation to increase the company’s share price and corporate value. The transfer restriction period for these shares is set at 20 years, underscoring the company’s long-term strategic focus.

More about SPACE CO., LTD.

SPACE CO., LTD. operates in the technology sector, focusing on providing innovative solutions and services. The company is known for its commitment to enhancing corporate value and aligning the interests of its directors with those of its shareholders.

YTD Price Performance: -4.02%

Average Trading Volume: 36,536

Technical Sentiment Signal: Sell

Current Market Cap: Yen25.48B

For a thorough assessment of 9622 stock, go to TipRanks’ Stock Analysis page.

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