Wacom Co (JP:6727) has released an update.
Wacom Co. is set to bolster its incentive program for directors by disposing of 33,903 treasury shares, aiming to align the interests of its directors with those of the shareholders. The shares, priced at 824 yen each, will be restricted until the directors’ retirement, ensuring commitment to the company’s long-term value. This move is part of the restricted stock compensation plan introduced in 2020, with a transfer restriction period starting August 1, 2024.
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