Yamaha Announces Treasury Stock Disposal for Restricted Stock Compensation

Yamaha ( (JP:7951) ) just unveiled an update.

Yamaha Corporation has announced a decision to dispose of treasury stock as part of a Restricted Stock Compensation Plan aimed at promoting sustainable corporate value and shared value with shareholders. This plan involves granting monetary compensation to eligible directors and officers, allowing them to hold newly issued or disposed treasury stocks. The plan includes a clawback clause for accountability and performance conditions linked to financial, non-financial, and corporate value targets, with a three-year allotment period.

The most recent analyst rating on (JP:7951) stock is a Hold with a Yen1200.00 price target. To see the full list of analyst forecasts on Yamaha stock, see the JP:7951 Stock Forecast page.

More about Yamaha

Yamaha Corporation operates in the music and electronics industry, primarily known for manufacturing musical instruments, audio equipment, and other related products. The company focuses on enhancing its corporate value and aligning with shareholder interests.

YTD Price Performance: -9.58%

Average Trading Volume: 1,901,054

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen489.3B

See more data about 7951 stock on TipRanks’ Stock Analysis page.