ULVAC (JP:6728) has released an update.
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ULVAC, Inc. introduces a new Share-Based Compensation Plan aimed at aligning the economic interests of selected employees with the company’s performance and stock value, to boost their involvement and responsibility in management. The plan involves the creation of a trust funded by the company to acquire and grant ULVAC shares to employees based on performance, encouraging a focus on enhancing the company’s stock price without financial burden on the employees.
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