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Toyota Boshoku Announces Treasury Stock Disposal for Director Compensation

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Toyota Boshoku Announces Treasury Stock Disposal for Director Compensation

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Toyota Boshoku ( (JP:3116) ) has issued an announcement.

Toyota Boshoku Corporation has announced the disposal of 17,766 shares of its treasury stock as part of a restricted stock compensation plan for its directors. This move aims to provide medium- to long-term incentives and align the interests of directors with shareholders. The disposal, scheduled for July 9, 2025, will see the shares allotted to five board members, excluding outside directors, at a price of 1,958.5 yen per share. This initiative reflects Toyota Boshoku’s strategy to enhance corporate governance and motivate its leadership team, potentially impacting its operational dynamics and stakeholder relationships.

The most recent analyst rating on (JP:3116) stock is a Hold with a Yen2100.00 price target. To see the full list of analyst forecasts on Toyota Boshoku stock, see the JP:3116 Stock Forecast page.

More about Toyota Boshoku

Toyota Boshoku Corporation operates in the automotive industry, focusing on the production of interior components and systems for vehicles. The company is known for its expertise in manufacturing seats, door trims, and other interior parts, catering primarily to automotive manufacturers worldwide.

Average Trading Volume: 539,013

Technical Sentiment Signal: Buy

Current Market Cap: Yen361B

For an in-depth examination of 3116 stock, go to TipRanks’ Stock Analysis page.

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