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Nippon Paint Completes Disposal of Treasury Shares for Compensation

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Nippon Paint Holdings Co ( (JP:4612) ) has issued an update.

Nippon Paint Holdings Co., Ltd. has completed the disposal of 83,400 treasury shares as restricted stock compensation, valued at 87,987,000 yen, to six directors of the company. This strategic move, decided by the Compensation Committee and company executives, aims to align the interests of the directors with the company’s performance, potentially impacting its governance and stakeholder relations.

The most recent analyst rating on (JP:4612) stock is a Hold with a Yen950.00 price target. To see the full list of analyst forecasts on Nippon Paint Holdings Co stock, see the JP:4612 Stock Forecast page.

More about Nippon Paint Holdings Co

Nippon Paint Holdings Co., Ltd. operates in the paint and coatings industry, providing a wide range of products for various applications including automotive, industrial, and decorative purposes. The company focuses on expanding its market presence and enhancing its product offerings globally.

Average Trading Volume: 3,407,825

Technical Sentiment Signal: Buy

Current Market Cap: Yen2552.9B

Find detailed analytics on 4612 stock on TipRanks’ Stock Analysis page.

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