WealthNavi, Inc. (JP:7342) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
WealthNavi Inc. has announced a new issuance of 5,539 common shares as restricted stock compensation to align employee interests with shareholder value, with transfer restrictions and conditions for lifting them based on continued employment. The shares are to be issued at 1,129 yen each, totaling 6,253,531 yen, and will be allocated to 11 employees. Transfer restrictions will be lifted progressively over three years, with provisions for automatic acquisition by the company if restrictions are not lifted.
For further insights into JP:7342 stock, check out TipRanks’ Stock Analysis page.