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Sumitomo Chemical Co ( (JP:4005) ) has provided an update.
Sumitomo Chemical Co., Ltd. has completed the payment procedure for the issuance of new shares as restricted stock compensation, as resolved in their June 2025 Board of Directors meeting. This issuance involves 696,791 shares of common stock at 344 yen per share, amounting to a total of 239,696,104 yen, and is aimed at compensating select members of the company’s Board of Directors and executive officers, potentially impacting the company’s governance and stakeholder alignment.
The most recent analyst rating on (JP:4005) stock is a Hold with a Yen360.00 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 range of chemical products and services. The company is listed on the Prime Section of the Tokyo Stock Exchange and focuses on innovative solutions across various sectors.
Average Trading Volume: 9,509,355
Technical Sentiment Signal: Hold
Current Market Cap: Yen593B
Learn more about 4005 stock on TipRanks’ Stock Analysis page.