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Okamura Foods Completes New Share Issuance for Restricted Stock Compensation

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Okamura Foods Completes New Share Issuance for Restricted Stock Compensation

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Okamura Foods Co. Ltd. ( (JP:2938) ) just unveiled an update.

Okamura Foods Co., Ltd. has completed the payment procedures for issuing new shares as restricted stock compensation, as resolved in their September board meeting. This issuance involves 27,356 shares at a price of JPY1,254 per share, amounting to a total of JPY34,304,424, and is allocated to select directors and employees, potentially impacting the company’s equity structure and stakeholder interests.

The most recent analyst rating on (JP:2938) stock is a Hold with a Yen1296.00 price target. To see the full list of analyst forecasts on Okamura Foods Co. Ltd. stock, see the JP:2938 Stock Forecast page.

More about Okamura Foods Co. Ltd.

Okamura Foods Co., Ltd. operates in the food industry, focusing on producing and distributing various food products. The company is publicly traded on the Tokyo Stock Exchange under the code 2938.

Average Trading Volume: 111,522

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen61.27B

Find detailed analytics on 2938 stock on TipRanks’ Stock Analysis page.

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