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Unicharm Announces Treasury Shares Disposal for Executive Incentives

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Unicharm Announces Treasury Shares Disposal for Executive Incentives

Unicharm ( (JP:8113) ) just unveiled an update.

Unicharm Corporation announced the disposal of 248,400 treasury shares as part of a restricted share-based remuneration plan aimed at incentivizing its directors and executive officers. This move is intended to align the interests of its management with shareholders by providing medium- to long-term incentives, with a three-year transfer restriction period and a clawback provision in case of major financial discrepancies.

More about Unicharm

Unicharm Corporation is a company listed on the Tokyo Stock Exchange, primarily involved in the production and sale of personal care products. The company focuses on providing innovative solutions in the hygiene and health sectors, catering to a wide range of consumer needs.

YTD Price Performance: -9.24%

Average Trading Volume: 18,764

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $14.69B

For an in-depth examination of 8113 stock, go to TipRanks’ Stock Analysis page.

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