Nissan Motor Co (JP:7201) has released an update.
Nissan Motor Co., Ltd. has announced the disposal of treasury stock as part of its stock-based compensation plan for selected executives and employees. The plan aims to align their interests with those of shareholders by granting restricted stock units that vest over a three-year period, with 867,951 shares of common stock to be disposed at JPY 539.7 per share. This move is part of the company’s effort to motivate its personnel to contribute to the enhancement of corporate value and stock price.
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