Asics ( (JP:7936) ) has provided an update.
ASICS Corporation has announced the disposal of 191,900 treasury shares as part of a Restricted Share Incentive Scheme for its Employee Shareholding Association. This initiative aims to benefit employees by allowing them to acquire transfer-restricted shares, thereby promoting personal asset building and aligning employee interests with shareholder value. The scheme is designed to enhance corporate value and encourage employee investment in the company’s future performance.
More about Asics
ASICS Corporation operates in the athletic footwear and apparel industry, focusing on designing and manufacturing sports shoes, apparel, and accessories. The company is listed on the Tokyo Stock Exchange and is recognized for its commitment to innovation and quality in sportswear.
YTD Price Performance: 10.69%
Average Trading Volume: 618
Technical Sentiment Signal: Sell
Current Market Cap: $13.93B
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