Toray Industries (JP:3402) has released an update.
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Toray Industries, Inc. has announced the offering of stock acquisition rights as stock compensation options to key company personnel, including vice presidents and directors, to incentivize performance improvement and align their interests with shareholders. A total of 561 stock acquisition rights will be available, each granting 1,000 shares, with provisions for adjustment in case of share splits or consolidations. The rights are exercisable from August 18, 2024, to August 17, 2054, with specific terms for capital and reserve increases upon exercise.
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