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Taiyo Yuden Transitions to Restricted Stock Remuneration

Story Highlights
  • Taiyo Yuden is disposing of 197,034 treasury shares as restricted stock remuneration.
  • The move aligns with a new remuneration plan to replace stock options with restricted stock.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Taiyo Yuden Transitions to Restricted Stock Remuneration

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Taiyo Yuden Co., Ltd. ( (JP:6976) ) has issued an announcement.

Taiyo Yuden Co., Ltd. has announced a resolution to dispose of 197,034 shares of its treasury stock as restricted stock remuneration. This move is part of a broader remuneration plan approved by shareholders, aimed at transitioning from stock options to a restricted stock system. The disposal, valued at approximately 497 million yen, is intended to align the interests of directors and operating officers with the company’s 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 production of electronic components such as capacitors, inductors, and functional modules. The company is listed on the Tokyo Stock Exchange and is known for its innovative contributions to the electronics market.

Average Trading Volume: 2,259,764

Technical Sentiment Signal: Sell

Current Market Cap: Yen314.1B

Find detailed analytics on 6976 stock on TipRanks’ Stock Analysis page.

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