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SCAT Inc. Completes Disposal of Treasury Stock for Compensation

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SCAT Inc. Completes Disposal of Treasury Stock for Compensation

SCAT Inc. ( (JP:3974) ) has issued an announcement.

SCAT Inc. announced the completion of the payment procedure for the disposal of treasury stock as restricted stock compensation. This decision, resolved at the Board of Directors meeting on February 13, 2025, involved the disposal of 7,809 shares at a price of 395 yen per share, totaling 3,084,555 yen. The shares were allocated to four directors and one auditor within the company. This move is part of the company’s strategy to align compensation with performance and retain key personnel.

More about SCAT Inc.

SCAT Inc. operates in the financial sector and is listed on the Tokyo Stock Exchange Standard Market under the code 3974. The company is led by Representative Director and President Hideo Nagashima, and it focuses on providing financial services and products.

YTD Price Performance: 1.02%

Average Trading Volume: 6,750

Technical Sentiment Consensus Rating: Buy

Current Market Cap: Yen1.75B

For an in-depth examination of 3974 stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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