Exedy Corporation ( (JP:7278) ) has issued an update.
Exedy Corporation has completed the disposal of treasury shares as a restricted stock incentive for its Employee Shareholding Association, a move aimed at strengthening human capital and aligning employee interests with the company’s Mid-Term Management Plan, REVOLUTION2026. This initiative marks a significant step in Japan, as it is the first instance where the restricted stock incentive amount per employee exceeds 1 million yen, although the total number of shares and disposal amount were adjusted due to partial forfeiture.
More about Exedy Corporation
Exedy Corporation operates in the automotive industry, specializing in the production of clutch systems and torque converters. The company focuses on enhancing its human capital and employee participation in management through innovative incentive programs.
YTD Price Performance: 12.70%
Average Trading Volume: 50
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €1.42B
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