Okabe Co., Ltd. ( (JP:5959) ) has provided an announcement.
Okabe Co., Ltd. has completed the payment procedures for the disposal of treasury stock as restricted stock compensation, which was resolved by its Board of Directors. This move involves the disposal of 59,670 shares at 894 yen per share, totaling 53,344,980 yen, and is aimed at compensating key company executives, potentially impacting the company’s financial structure and stakeholder interests.
More about Okabe Co., Ltd.
Okabe Co., Ltd. operates in the manufacturing industry, focusing on producing and distributing construction materials and related products, with a market emphasis on innovation and quality.
YTD Price Performance: 14.23%
Average Trading Volume: 70,504
Technical Sentiment Signal: Sell
Current Market Cap: Yen38.61B
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