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Lacto Japan Announces Disposal of Treasury Shares for Director Compensation

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Lacto Japan Announces Disposal of Treasury Shares for Director Compensation

Lacto Japan Co., Ltd. ( (JP:3139) ) has provided an update.

Lacto Japan Co., Ltd. has announced the disposal of 12,831 treasury shares as part of its restricted stock compensation plan for directors, excluding outside directors and audit and supervisory committee members. This move is intended to incentivize directors for sustainable corporate growth and align their interests with shareholders, with a transfer restriction period set for 30 years.

More about Lacto Japan Co., Ltd.

Lacto Japan Co., Ltd. operates in the dairy industry, focusing on the production and distribution of dairy products. The company is listed on the Tokyo Stock Exchange and aims to enhance corporate value and shareholder value through strategic initiatives.

YTD Price Performance: 6.99%

Average Trading Volume: 61,042

Technical Sentiment Consensus Rating: Sell

Current Market Cap: Yen28.51B

Learn more about 3139 stock on TipRanks’ Stock Analysis page.

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