Terumo (JP:4543) has released an update.
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Terumo Corporation has announced the issuance of Share Warrants as Stock Options to its Group Executive Officers and Fellows to align their interests with long-term corporate value and shareholder perspectives. The Warrants will allow the purchase of the company’s common shares, with an exercise period from August 3, 2024, to August 2, 2054. Transfer of these Share Warrants will require Board approval, and provisions have been made for adjustments in case of corporate restructuring.
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