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Teikoku Electric Introduces New Restricted Stock Compensation Plan

Story Highlights
  • Teikoku Electric is disposing of 4,900 treasury shares for director compensation.
  • The new plan aligns director incentives with shareholder interests and replaces the old plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Teikoku Electric Introduces New Restricted Stock Compensation Plan

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Teikoku Electric Manufacturing Co., Ltd. ( (JP:6333) ) just unveiled an announcement.

Teikoku Electric Manufacturing Co., Ltd. announced the disposal of 4,900 treasury shares as part of a new restricted stock compensation plan for its directors, aiming to boost their commitment to the company’s sustainable growth. This move, approved at the recent General Meeting of Shareholders, replaces a previous plan and aligns director incentives with shareholder interests by tying stock benefits to tenure.

More about Teikoku Electric Manufacturing Co., Ltd.

Teikoku Electric Manufacturing Co., Ltd. operates in the electrical manufacturing industry, focusing on producing common stock and related financial instruments. The company is listed on the Tokyo Stock Exchange under the securities code 6333.

Average Trading Volume: 30,477

Technical Sentiment Signal: Buy

Current Market Cap: Yen50.7B

See more insights into 6333 stock on TipRanks’ Stock Analysis page.

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