Kurita Water Industries ( (JP:6370) ) has provided an update.
Kurita Water Industries has decided to enhance its stock compensation plan by acquiring additional shares through a trust established for directors and officers. This decision, involving a cash distribution of up to 1.99 billion yen to acquire up to 315,200 shares, aims to bolster the alignment of its management’s interests with those of shareholders.
More about Kurita Water Industries
Kurita Water Industries Ltd. operates in the water treatment industry, providing water treatment chemicals and facilities, as well as environmental services. The company focuses on innovative solutions for water and environmental management, catering primarily to industrial sectors.
YTD Price Performance: -6.26%
Average Trading Volume: 2,418
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $3.86B
For detailed information about 6370 stock, go to TipRanks’ Stock Analysis page.