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Tokushu Tokai Paper Co., Ltd. ( (JP:3708) ) has shared an announcement.
Tokushu Tokai Paper Co., Ltd. has announced a resolution to dispose of 288,000 treasury shares as part of introducing a stock grant ESOP trust system. This initiative is designed to motivate employees and align their interests with shareholders by fostering a sense of unity and encouraging contributions to the company’s long-term performance. The disposal is expected to have minimal impact on the stock market due to the controlled release of shares.
The most recent analyst rating on (JP:3708) stock is a Buy with a Yen1690.00 price target. To see the full list of analyst forecasts on Tokushu Tokai Paper Co., Ltd. stock, see the JP:3708 Stock Forecast page.
More about Tokushu Tokai Paper Co., Ltd.
Tokushu Tokai Paper Co., Ltd. operates in the paper industry, focusing on the production and distribution of paper products. The company is listed on the Tokyo Stock Exchange and aims to enhance its corporate value through strategic initiatives.
Average Trading Volume: 61,319
Technical Sentiment Signal: Buy
Current Market Cap: Yen56.89B
Learn more about 3708 stock on TipRanks’ Stock Analysis page.