tiprankstipranks
Imagica Group Awards Restricted Stock to Directors
Company Announcements

Imagica Group Awards Restricted Stock to Directors

Imagica Group, Inc. (JP:6879) has released an update.

Don't Miss Our Christmas Offers:

Imagica Group, Inc. has resolved to issue 96,553 of its treasury shares as restricted stock compensation to certain directors and executive officers, aiming to incentivize the improvement of long-term corporate and shareholder value. The shares will be allotted at a price of 551 yen each, totaling 53,200,703 yen, with transfer restrictions lasting from July 25, 2024, to July 25, 2027. This move aligns with the restricted stock compensation plan approved by shareholders and is intended to align the interests of the directors with those of the shareholders.

For further insights into JP:6879 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App