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Lintec Revises Stock-Based Compensation Scheme for Directors

Story Highlights
  • Lintec revises its stock-based compensation scheme to include more directors.
  • The changes aim to align directors’ interests with shareholders and enhance corporate value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Lintec ( (JP:7966) ) has shared an update.

Lintec Corporation announced a revision to its restricted stock-based compensation scheme for its directors, excluding those serving on the Audit and Supervisory Committee, and introduced a similar scheme for those committee members. This move aims to align directors’ interests with shareholders by promoting stock ownership and enhancing corporate value. The proposal, which includes monetary compensation claims for restricted stock, will be presented at the upcoming Annual General Meeting. The changes reflect Lintec’s commitment to incentivizing its leadership and potentially impacting its market positioning by fostering greater alignment with shareholder interests.

More about Lintec

Lintec Corporation operates in the manufacturing industry, primarily focusing on the production of adhesive-related products and materials. The company is listed on the Tokyo Stock Exchange and is known for its innovative solutions in the adhesive market.

Average Trading Volume: 196,171

Technical Sentiment Signal: Sell

Current Market Cap: Yen185.4B

For detailed information about 7966 stock, go to TipRanks’ Stock Analysis page.

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