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The latest update is out from Syuppin Co., Ltd. ( (JP:3179) ).
Syuppin Co., Ltd. has announced the disposal of treasury shares as part of a performance-based stock compensation plan for its directors and executive officers. This move aims to enhance the motivation of these directors to contribute to the company’s sustainable growth and align their interests with those of shareholders. The plan involves the allocation of 160,682 shares at a disposal price of 1,114 yen per share, totaling 179,000,000 yen. The shares will be restricted for three years, with the restrictions lifting based on the achievement of specific performance targets. This initiative is expected to strengthen the company’s corporate governance and incentivize leadership to drive long-term value.
More about Syuppin Co., Ltd.
Average Trading Volume: 167,382
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen21.29B
Find detailed analytics on 3179 stock on TipRanks’ Stock Analysis page.