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The latest update is out from Syuppin Co., Ltd. ( (JP:3179) ).
Syuppin Co., Ltd. announced that it had mistakenly exceeded the approved limit of restricted stock compensation shares for its directors, as resolved in a previous general meeting. To rectify this, the company will reacquire the excess shares without consideration, ensuring compliance with shareholder resolutions. The company plans to enhance internal controls to prevent future occurrences, and the financial impact of this issue is expected to be minimal.
More about Syuppin Co., Ltd.
Average Trading Volume: 166,246
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen21.86B
For an in-depth examination of 3179 stock, go to TipRanks’ Overview page.