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TS Tech Expands Employee Stock Ownership Plan with Treasury Stock Disposal

Story Highlights
  • TS Tech Co., Ltd. will dispose of treasury stock to expand its employee stock ownership plan.
  • This initiative aims to enhance employee engagement and align interests with corporate growth.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
TS Tech Expands Employee Stock Ownership Plan with Treasury Stock Disposal

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TS Tech Co., Ltd. ( (JP:7313) ) has shared an announcement.

TS Tech Co., Ltd. announced a resolution to dispose of treasury stock as part of an employee stock ownership plan, expanding the scope of eligible employees. This initiative aims to strengthen employee engagement and contribute to the company’s sustained growth by aligning employee interests with corporate value enhancement. The disposal involves 2,795 shares of common stock, with each eligible employee receiving 65 shares as a transfer-restricted incentive, fostering asset accumulation and management involvement.

The most recent analyst rating on (JP:7313) stock is a Sell with a Yen1500.00 price target. To see the full list of analyst forecasts on TS Tech Co., Ltd. stock, see the JP:7313 Stock Forecast page.

More about TS Tech Co., Ltd.

TS Tech Co., Ltd. operates in the automotive industry, primarily focusing on manufacturing and supplying automotive seats and interior components. The company is listed on the Tokyo Stock Exchange Prime Market and aims to enhance its market position by engaging employees through stock ownership plans.

Average Trading Volume: 252,672

Technical Sentiment Signal: Buy

Current Market Cap: Yen224B

For an in-depth examination of 7313 stock, go to TipRanks’ Overview page.

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