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Taiheiyo Cement Completes Treasury Shares Disposal for Stock Compensation

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Taiheiyo Cement Completes Treasury Shares Disposal for Stock Compensation

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Taiheiyo Cement ( (JP:5233) ) has issued an update.

Taiheiyo Cement Corporation announced the completion of its treasury shares disposal as restricted stock compensation, involving 19,798 shares at a price of 3,606 yen per share, totaling 71,391,588 yen. This strategic move aims to align the interests of its directors and executive officers with the company’s performance, potentially enhancing corporate governance and stakeholder value.

The most recent analyst rating on (JP:5233) stock is a Buy with a Yen4700.00 price target. To see the full list of analyst forecasts on Taiheiyo Cement stock, see the JP:5233 Stock Forecast page.

More about Taiheiyo Cement

Taiheiyo Cement Corporation operates in the cement industry, primarily focusing on the production and sale of cement and related products. The company is a key player in the construction materials sector, serving various markets with its comprehensive range of cement products.

Average Trading Volume: 419,042

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen444.6B

For an in-depth examination of 5233 stock, go to TipRanks’ Overview page.

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