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Sumitomo Chemical Co ( (JP:4005) ) has shared an announcement.
Sumitomo Chemical Co., Ltd. has announced the issuance of new shares as part of its Restricted Stock Compensation Plan, aimed at incentivizing its board members and executive officers to enhance corporate value. The plan involves issuing 696,791 shares at 344 yen per share, with a total issuance amount of 239,696,104 yen, and is designed to align the interests of eligible officers with those of shareholders through restricted stock allotments.
The most recent analyst rating on (JP:4005) stock is a Hold with a Yen370.00 price target. To see the full list of analyst forecasts on Sumitomo Chemical Co stock, see the JP:4005 Stock Forecast page.
More about Sumitomo Chemical Co
Sumitomo Chemical Co., Ltd. operates in the chemical industry, providing a wide range of chemical products and services. The company focuses on enhancing its corporate value and aligning the interests of its board members and executive officers with shareholders.
Average Trading Volume: 10,698,277
Technical Sentiment Signal: Sell
Current Market Cap: Yen568.3B
See more data about 4005 stock on TipRanks’ Stock Analysis page.