Takeda Pharmaceutical Company (TAK) has released an update.
Takeda Pharmaceutical Company Limited has announced plans to issue new shares and dispose of treasury shares as part of its Long-Term Incentive Plan (LTIP) for employees outside Japan. The LTIP aims to align employee interests with shareholder interests, attract and retain talent, and balance risk and reward. The plan involves granting Restricted Stock Unit awards and Performance Stock Unit awards, which may be settled in stock or cash, depending on certain conditions including continuous employment and performance goals.
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