Intrance Co., Ltd. ( (JP:3237) ) has issued an announcement.
Intrance Co., Ltd., listed on the Tokyo Growth stock exchange, has announced the issuance of share acquisition rights (SARs) to its directors. This move aims to enhance director motivation and align their interests with shareholders by making them share the risk of share price fluctuations. The SARs are designed to prevent activities that could lead to a decrease in share price, with a triggering condition set at 60% of the exercise price. The company believes this will benefit existing shareholders and considers the potential share dilution impact of 1.93% to be reasonable.
More about Intrance Co., Ltd.
YTD Price Performance: 2.94%
Average Trading Volume: 52,900
Technical Sentiment Consensus Rating: Buy
Current Market Cap: Yen4.88B
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