Proto Corp. (JP:4298) has released an update.
Proto Corp has announced the disposal of treasury stock designated for restricted stock compensation, with 33,600 shares priced at 1,435 yen each to be allocated to its directors and executive officers. The initiative, which aims to align the interests of the directors with those of shareholders, involves a 30-year transfer restriction. This move is part of a broader compensation system designed to incentivize long-term value sharing and commitment.
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