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Star Mica Holdings Co., Ltd. ( (JP:2975) ) has provided an update.
Star Mica Holdings Co., Ltd. has resolved to dispose of 286,264 treasury shares as part of a restricted share compensation plan, aimed at aligning the interests of its directors and employees with those of shareholders. The plan is designed to incentivize the company’s management and workforce to sustain corporate value and share value over the long term, with a significant transfer restriction period of 50 years to ensure commitment.
More about Star Mica Holdings Co., Ltd.
Star Mica Holdings Co., Ltd. operates in the real estate industry, primarily focusing on the acquisition, renovation, and resale of used condominium units in Japan. It aims to create value for its shareholders and stakeholders through its business operations and innovative compensation plans for its directors and employees.
YTD Price Performance: 11.98%
Average Trading Volume: 113,966
Technical Sentiment Consensus Rating: Sell
Current Market Cap: Yen28.71B
For an in-depth examination of 2975 stock, go to TipRanks’ Stock Analysis page.