Sumitomo Chemical Finalizes Restricted Stock Issue
Company Announcements

Sumitomo Chemical Finalizes Restricted Stock Issue

Sumitomo Chemical Co (JP:4005) has released an update.

Sumitomo Chemical Co., Ltd. has completed the issuance of 768,463 new shares as part of its transfer-restricted stock compensation plan initially resolved on June 21, 2024. These shares, priced at 313 yen each, represent a total issuance value of 240,528,919 yen and have been allocated to 5 Board of Directors members and 30 executive officers.

For further insights into JP:4005 stock, check out TipRanks’ Stock Analysis page.

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