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Watahan & Co., Ltd. ( (JP:3199) ) has provided an update.
Watahan & Co., Ltd. has announced the disposal of its treasury stock as part of a restricted stock compensation plan aimed at aligning the interests of its directors with the company’s long-term corporate value. This move, approved by the Board of Directors, involves allocating shares to eligible directors under conditions that restrict their transfer for 30 years, thereby incentivizing directors to contribute to the company’s sustained growth and value sharing with shareholders.
More about Watahan & Co., Ltd.
Watahan & Co., Ltd. operates in the financial sector, focusing on providing stock-related services and compensation plans. The company is involved in managing treasury stock and implementing compensation strategies to align director incentives with corporate value growth.
Average Trading Volume: 21,540
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen32.57B
See more data about 3199 stock on TipRanks’ Stock Analysis page.