Towa Pharmaceutical Co (JP:4553) has released an update.
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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