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Hokuriku Electrical Construction Co Introduces Stock Benefit Trust and Treasury Share Disposal

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Hokuriku Electrical Construction Co Introduces Stock Benefit Trust and Treasury Share Disposal

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Hokuriku Electrical Construction Co ( (JP:1930) ) has shared an announcement.

Hokuriku Electrical Construction Co has announced the establishment of share benefit regulations through the introduction of a Stock Benefit Trust (J-ESOP) and the disposal of treasury shares by third-party allotment. The company plans to dispose of 350,000 shares to its employees as part of a strategy to align their interests with shareholders and enhance corporate value over the medium to long term. This move represents 1.17% of the total outstanding shares and is aimed at fostering a sense of ownership among employees.

More about Hokuriku Electrical Construction Co

Average Trading Volume: 37,466

Technical Sentiment Signal: Buy

Current Market Cap: Yen36.05B

For a thorough assessment of 1930 stock, go to TipRanks’ Stock Analysis page.

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