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Taiyo Yuden Completes Treasury Stock Disposal for Remuneration

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Taiyo Yuden Completes Treasury Stock Disposal for Remuneration

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An announcement from Taiyo Yuden Co., Ltd. ( (JP:6976) ) is now available.

Taiyo Yuden Co., Ltd. has completed the payment procedures for the disposal of its treasury stock as restricted stock remuneration, following a resolution by its Board of Directors. The disposal involves 197,034 shares at a price of 2,522.5 yen per share, amounting to a total value of 497,018,265 yen. This strategic move is aimed at aligning the interests of the company’s directors and operating officers with its long-term performance goals.

The most recent analyst rating on (JP:6976) stock is a Buy with a Yen3600.00 price target. To see the full list of analyst forecasts on Taiyo Yuden Co., Ltd. stock, see the JP:6976 Stock Forecast page.

More about Taiyo Yuden Co., Ltd.

Taiyo Yuden Co., Ltd. operates in the electronics industry, primarily focusing on the development and manufacturing of electronic components such as capacitors, inductors, and functional modules. The company is listed on the Tokyo Stock Exchange and serves a global market with a focus on innovation and quality in electronic components.

Average Trading Volume: 1,907,537

Technical Sentiment Signal: Sell

Current Market Cap: Yen319.4B

See more data about 6976 stock on TipRanks’ Stock Analysis page.

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