Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from NICHIMO CO., LTD. ( (JP:8091) ) is now available.
NICHIMO CO., LTD. has announced its decision to dispose of 20,400 treasury shares through a third-party allotment as part of its ongoing stock compensation plan for directors. This move aims to align executive compensation with company performance and shareholder interests, thereby enhancing corporate value over the medium to long term. The shares will be disposed of to Sumitomo Mitsui Trust Bank, Ltd., with the disposal price set at 2,600 yen per share, reflecting recent market values. The dilution effect is expected to be minimal, and the disposal is deemed reasonable and lawful by the company’s Audit & Supervisory Committee.
The most recent analyst rating on (JP:8091) stock is a Buy with a Yen2589.00 price target. To see the full list of analyst forecasts on NICHIMO CO., LTD. stock, see the JP:8091 Stock Forecast page.
More about NICHIMO CO., LTD.
Average Trading Volume: 21,082
Technical Sentiment Signal: Buy
Current Market Cap: Yen22.46B
For an in-depth examination of 8091 stock, go to TipRanks’ Overview page.