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Yokohama Rubber Completes Treasury Stock Disposal for Compensation

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Yokohama Rubber Completes Treasury Stock Disposal for Compensation

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Yokohama Rubber Co ( (JP:5101) ) has issued an announcement.

Yokohama Rubber Co., Ltd. has completed the payment process for the disposal of treasury stock as restricted stock compensation, following a resolution made by its Board of Directors. This move involves the disposal of 60,579 shares of common stock, valued at ¥3,112 per share, totaling ¥188,521,848, and is aimed at compensating members of the Board and company officers, potentially impacting the company’s financial structure and stakeholder interests.

The most recent analyst rating on (JP:5101) stock is a Buy with a Yen4300.00 price target. To see the full list of analyst forecasts on Yokohama Rubber Co stock, see the JP:5101 Stock Forecast page.

More about Yokohama Rubber Co

Yokohama Rubber Co., Ltd. operates in the rubber industry, primarily focusing on the production of tires and other rubber products. The company is known for its innovative solutions and holds a significant position in the global market for automotive and industrial rubber products.

Average Trading Volume: 755,720

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen547.5B

For detailed information about 5101 stock, go to TipRanks’ Stock Analysis page.

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