Sun Frontier Fudousan Co (JP:8934) has released an update.
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Sun Frontier Fudousan Co., Ltd. has announced the disposal of 16,231 treasury shares as restricted stock remuneration to incentivize six directors, excluding Audit and Supervisory Committee Members and Outside Directors. The shares are priced at 1,941 yen each, totaling 31,504,371 yen, and are subject to certain transfer restrictions. This move is part of a remuneration system aimed at aligning directors’ interests with continuous corporate value improvement and shareholder value.
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