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Furuya Metal Announces Treasury Share Disposal for Director Compensation

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Furuya Metal Announces Treasury Share Disposal for Director Compensation

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Furuya Metal Co., Ltd. ( (JP:7826) ) has issued an announcement.

Furuya Metal Co., Ltd. has announced the disposal of 23,300 treasury shares as part of a restricted stock compensation plan for its directors. This move aims to incentivize directors to enhance the company’s corporate value and align their interests with shareholders. The disposal is valued at approximately 68.2 million yen, and the shares will be allotted to directors who will contribute monetary remuneration claims in-kind. This initiative reflects the company’s strategy to maintain sustainable growth and strengthen its governance framework.

The most recent analyst rating on (JP:7826) stock is a Buy with a Yen2714.00 price target. To see the full list of analyst forecasts on Furuya Metal Co., Ltd. stock, see the JP:7826 Stock Forecast page.

More about Furuya Metal Co., Ltd.

Furuya Metal Co., Ltd. operates in the metal industry, focusing on the production and distribution of precious metal products. The company is known for its specialized metal products and services, catering to various industrial needs.

Average Trading Volume: 304,186

Technical Sentiment Signal: Buy

Current Market Cap: Yen73.49B

See more data about 7826 stock on TipRanks’ Stock Analysis page.

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