Murata Manufacturing Launches Employee Stock Plan

Murata Manufacturing Co (JP:6981) has released an update.

Murata Manufacturing Co., Ltd. has resolved to initiate an Employee Shareholding Association Restricted Stock Compensation Plan, which involves disposing of treasury stock to its Employee Shareholding Association. Slated for September 25, 2024, the disposal will offer 1,078,770 common shares at a rate of JPY 3,300 each, potentially amounting to JPY 3,559,941,000, based on employee applications and consent within the company.

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