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TOKAI RIKA Completes Treasury Shares Disposal for Stock Compensation

Story Highlights
  • TOKAI RIKA CO., LTD. operates in the automotive industry, focusing on vehicle safety and comfort.
  • The company completed the disposal of treasury shares for stock compensation, aligning executive interests with performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TOKAI RIKA Completes Treasury Shares Disposal for Stock Compensation

Elevate Your Investing Strategy:

TOKAI RIKA CO., LTD. ( (JP:6995) ) has shared an announcement.

TOKAI RIKA CO., LTD. has completed the payment procedure for the disposal of treasury shares as restricted stock compensation, following a resolution by its Board of Directors. This disposal involves 26,681 shares of common stock, valued at 57,630,960 yen, and is allocated to three directors and six corporate officers, aiming to align their interests with the company’s performance.

The most recent analyst rating on (JP:6995) stock is a Sell with a Yen1800.00 price target. To see the full list of analyst forecasts on TOKAI RIKA CO., LTD. stock, see the JP:6995 Stock Forecast page.

More about TOKAI RIKA CO., LTD.

TOKAI RIKA CO., LTD. operates in the automotive industry, focusing on the production of automotive components and systems. The company is known for its development and manufacturing of electronic and mechanical parts, with a market focus on enhancing vehicle safety and comfort.

Average Trading Volume: 160,166

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen191.8B

For detailed information about 6995 stock, go to TipRanks’ Stock Analysis page.

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