tiprankstipranks
Trending News
More News >

Sumitomo Metal Mining Introduces Restricted Share Compensation Plan

Story Highlights
  • Sumitomo Metal Mining introduces a share-based compensation plan for directors.
  • The plan aims to align directors’ interests with shareholders and enhance corporate value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sumitomo Metal Mining Introduces Restricted Share Compensation Plan

Confident Investing Starts Here:

Sumitomo Metal Mining Co ( (JP:5713) ) has shared an update.

Sumitomo Metal Mining Co., Ltd. has announced the introduction of a restricted share-based compensation plan for its directors, aimed at aligning their interests with shareholders and enhancing corporate value. The plan, pending shareholder approval, will grant restricted shares based on performance indicators, encouraging directors to contribute to the company’s sustainable growth and value-sharing with stakeholders.

The most recent analyst rating on (JP:5713) stock is a Buy with a Yen4800.00 price target. To see the full list of analyst forecasts on Sumitomo Metal Mining Co stock, see the JP:5713 Stock Forecast page.

More about Sumitomo Metal Mining Co

Sumitomo Metal Mining Co., Ltd. operates in the mining and metal industry, focusing on the extraction and processing of metals. The company is known for its production of non-ferrous metals, including copper, nickel, and gold, and plays a significant role in the global metals market.

Average Trading Volume: 2,510,096

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen865.8B

Learn more about 5713 stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App