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ANEST IWATA to Dispose of Treasury Shares for Stock Compensation Plan

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ANEST IWATA to Dispose of Treasury Shares for Stock Compensation Plan

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ANEST IWATA Corp. ( (JP:6381) ) has shared an update.

ANEST IWATA Corporation announced its decision to dispose of 100,000 treasury shares through a third-party allotment as part of its performance-based stock compensation plan. This move, set for February 26, 2025, aims to facilitate the acquisition of shares necessary for future payments to the company’s directors and corporate officers, reflecting a strategic effort to align executive incentives with company performance.

More about ANEST IWATA Corp.

ANEST IWATA Corporation operates in the industrial equipment sector, primarily focusing on products such as air compressors, painting equipment, and vacuum pumps. The company targets a global market with its advanced engineering solutions.

YTD Price Performance: -9.85%

Average Trading Volume: 52,284

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen51.69B

See more insights into 6381 stock on TipRanks’ Stock Analysis page.

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