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Teijin Completes Disposal of Treasury Shares to Align Management Interests

Story Highlights
  • Teijin Limited operates in materials and healthcare, producing advanced fibers and pharmaceuticals.
  • Teijin completed treasury share disposal to align management interests with company goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teijin Completes Disposal of Treasury Shares to Align Management Interests

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Teijin ( (JP:3401) ) has provided an update.

Teijin Limited has completed the disposal of treasury shares as ‘Restricted Stock’ and ‘Performance Share Units,’ following a resolution by its Board of Directors. This move involves the allocation of shares to directors, corporate officers, and executives, both domestically and overseas, and signifies a strategic step in aligning the interests of its management with the company’s performance goals.

The most recent analyst rating on (JP:3401) stock is a Hold with a Yen1280.00 price target. To see the full list of analyst forecasts on Teijin stock, see the JP:3401 Stock Forecast page.

More about Teijin

Teijin Limited operates in the materials and healthcare industries, focusing on the production of advanced fibers, plastics, and pharmaceuticals. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in various sectors, including automotive, electronics, and healthcare.

Average Trading Volume: 884,811

Technical Sentiment Signal: Sell

Current Market Cap: Yen231.7B

For detailed information about 3401 stock, go to TipRanks’ Stock Analysis page.

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