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Stella Chemifa Announces Treasury Share Disposal for Employee Incentives

Story Highlights
  • Stella Chemifa will dispose of 13,850 treasury shares as restricted stock for employees.
  • Shares are priced at 3,655 yen each, with performance conditions for lifting restrictions.
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Stella Chemifa Announces Treasury Share Disposal for Employee Incentives

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Stella Chemifa ( (JP:4109) ) just unveiled an announcement.

Stella Chemifa has announced a resolution to dispose of 13,850 treasury shares as restricted stock for 213 employees, aiming to align employee interests with shareholders and enhance corporate value. This move is part of a compensation plan with performance conditions, requiring employees to meet specific targets to lift transfer restrictions on the shares, which are priced at 3,655 yen each, reflecting the market value.

More about Stella Chemifa

Stella Chemifa Corporation operates in the chemical industry, focusing on the production and distribution of chemical products. The company is listed on the Tokyo Stock Exchange Prime Market and is led by Aki Hashimoto, its President and CEO.

YTD Price Performance: -15.61%

Average Trading Volume: 33,342

Technical Sentiment Signal: Hold

Current Market Cap: Yen45.96B

See more insights into 4109 stock on TipRanks’ Stock Analysis page.

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