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Teijin Limited Announces Disposal of Treasury Shares to Enhance Corporate Value

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Teijin Limited Announces Disposal of Treasury Shares to Enhance Corporate Value

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

Teijin Limited has announced the disposal of treasury shares as part of its Restricted Stock and Performance Share Units plans. This move aims to align with corporate governance and enhance corporate value creation over the medium to long term. The plans are designed to motivate directors and executives by linking compensation with company performance, thereby aligning their interests with stakeholders. The disposal involves a total of 171,088 shares, with a focus on strengthening the company’s executive compensation system globally.

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 chemical industry, focusing on the production of advanced fibers, plastics, and healthcare products. The company is known for its innovation in materials technology and has a significant presence in global markets.

Average Trading Volume: 814,608

Technical Sentiment Signal: Sell

Current Market Cap: Yen222.7B

Learn more about 3401 stock on TipRanks’ Stock Analysis page.

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