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Tsubakimoto Chain Co. ( (JP:6371) ) has provided an announcement.
Tsubakimoto Chain Co. has announced a plan to dispose of 47,597 treasury shares as part of a restricted stock compensation plan for its directors and executive officers. This initiative aims to align the interests of the company’s leadership with shareholders by providing long-term incentives, with a transfer restriction period set for 30 years. The move is expected to enhance corporate value and promote value sharing among stakeholders.
More about Tsubakimoto Chain Co.
Tsubakimoto Chain Co. operates in the manufacturing industry, focusing on producing chains and power transmission products. The company is listed on the Prime Market of the Tokyo Stock Exchange and aims to enhance corporate value and shareholder engagement.
Average Trading Volume: 226,366
Technical Sentiment Signal: Buy
Current Market Cap: Yen184.9B
For detailed information about 6371 stock, go to TipRanks’ Stock Analysis page.