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Toray Industries Revises Board Remuneration and Introduces New Stock Plan

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An update from Toray Industries ( (JP:3402) ) is now available.

Toray Industries has announced a revision in its remuneration system for board members and corporate auditors, aiming to enhance the company’s long-term value and growth. The company plans to introduce a restricted stock remuneration plan to better align the interests of its board members with those of shareholders, replacing the current stock options system, and will seek shareholder approval for these changes at the upcoming general meeting.

The most recent analyst rating on (JP:3402) stock is a Buy with a Yen1270.00 price target. To see the full list of analyst forecasts on Toray Industries stock, see the JP:3402 Stock Forecast page.

More about Toray Industries

Toray Industries, Inc. operates in the chemical industry, specializing in advanced materials and technologies. The company is known for its production of fibers, textiles, plastics, chemicals, and other high-performance materials, with a focus on innovation and sustainability across global markets.

Average Trading Volume: 6,513,250

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen1535.5B

Learn more about 3402 stock on TipRanks’ Stock Analysis page.

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