Towa Pharmaceutical Co (JP:4553) has released an update.
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Towa Pharmaceutical Co., Ltd. has successfully completed the issuance of restricted stock to certain directors as part of their compensation strategy. The company allocated 8,250 shares of common stock at a price of JPY 2,880 per share, amounting to a total of JPY 23,760,000. This move, executed on July 18, 2024, is part of Towa’s commitment to aligning the interests of its directors with those of the company.
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