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Takasago Thermal Engineering Co., Ltd. ( (JP:1969) ) has issued an update.
Takasago Thermal Engineering Co., Ltd. announced the disposal of 26,200 treasury shares as part of a stock-based compensation plan for officers and employees of its overseas subsidiaries. This initiative, utilizing an ESOP Trust, aims to align the interests of eligible personnel with the company’s long-term vision and enhance corporate value. The disposal is structured to have minimal impact on the stock market, with a dilution rate of 0.04%, and the shares will not be immediately released into the market.
More about Takasago Thermal Engineering Co., Ltd.
Takasago Thermal Engineering Co., Ltd. operates in the engineering industry, focusing on thermal engineering solutions. The company provides services and products related to heating, ventilation, and air conditioning (HVAC) systems, with a market focus on enhancing energy efficiency and sustainability.
Average Trading Volume: 253,653
Technical Sentiment Signal: Buy
Current Market Cap: Yen528.9B
For detailed information about 1969 stock, go to TipRanks’ Stock Analysis page.