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Stanley Electric Announces Disposal of Treasury Stock for Director Compensation

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Stanley Electric Announces Disposal of Treasury Stock for Director Compensation

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Stanley Electric Co ( (JP:6923) ) has shared an announcement.

Stanley Electric Co., Ltd. announced its decision to dispose of 32,100 shares of treasury stock as restricted stock compensation for six directors, excluding outside directors. This move aims to enhance director motivation and align their interests with shareholder value, as part of a broader compensation plan approved at the company’s recent general meeting. The initiative reflects Stanley Electric’s commitment to boosting corporate value and maintaining competitive positioning in the market.

The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3000.00 price target. To see the full list of analyst forecasts on Stanley Electric Co stock, see the JP:6923 Stock Forecast page.

More about Stanley Electric Co

Stanley Electric Co., Ltd. operates in the electronics industry, focusing on the production of lighting equipment, electronic components, and other related products. The company is known for its innovative solutions in automotive lighting and has a significant market presence in the automotive sector.

Average Trading Volume: 692,856

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen419.8B

For an in-depth examination of 6923 stock, go to TipRanks’ Overview page.

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