TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from Tokai ( (JP:9729) ).
Tokai Corp. announced the disposal of 14,100 treasury shares as part of its restricted stock compensation plan, aimed at incentivizing directors and corporate officers to enhance corporate value and align with shareholder interests. The disposal involves a total value of 29,990,700 yen and is intended to motivate eligible directors by promoting long-term value sharing, with a transfer restriction period set at 30 years.
More about Tokai
Tokai Corp. operates in the financial sector, focusing on providing services related to stock compensation plans. The company is listed on the Prime Market of the Tokyo Stock Exchange and is led by Representative Director and President Toshiaki Asai.
YTD Price Performance: -5.72%
Average Trading Volume: 31,762
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen75.08B
See more insights into 9729 stock on TipRanks’ Stock Analysis page.