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Stanley Electric Completes Treasury Stock Disposal for Director Compensation

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Stanley Electric Completes Treasury Stock Disposal for Director Compensation

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An announcement from Stanley Electric Co ( (JP:6923) ) is now available.

Stanley Electric Co., Ltd. has completed the payment procedures for the disposal of 32,100 shares of its treasury stock as restricted stock compensation. This move, resolved by the Board of Directors, involves a total transaction value of 90,329,400 yen and is aimed at compensating six of its directors, excluding outside directors, which may impact the company’s financial structuring and executive incentives.

The most recent analyst rating on (JP:6923) stock is a Buy with a Yen3400.00 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, primarily focusing on the production and distribution of automotive lighting and electronic components. The company is known for its innovation in lighting technology and has a significant presence in the global market.

Average Trading Volume: 600,109

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen430B

For detailed information about 6923 stock, go to TipRanks’ Stock Analysis page.

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