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Hokuto Corporation Finalizes Treasury Share Disposal for Executive Compensation

Story Highlights
  • Hokuto Corporation completed the disposal of treasury shares for executive compensation.
  • The disposal involved 6,770 shares, totaling ¥12,003,210, to align executive interests.
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Hokuto Corporation Finalizes Treasury Share Disposal for Executive Compensation

The latest update is out from Hokuto Corporation ( (JP:1379) ).

Hokuto Corporation has completed the payment process for the disposal of its treasury shares as restricted stock compensation for its executive officers. This move, resolved in November 2024, involves the disposal of 6,770 common shares at a price of ¥1,773 per share, amounting to a total value of ¥12,003,210, and is aimed at aligning the interests of the executive officers with those of the shareholders.

More about Hokuto Corporation

Hokuto Corporation operates in the food industry, primarily focusing on the production and distribution of mushrooms. The company is listed on the Tokyo Stock Exchange Prime Market and is known for its innovative approaches in the agricultural sector.

YTD Price Performance: 5.38%

Average Trading Volume: 65,175

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen59.88B

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