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Rinnai Completes Treasury Stock Disposal for Employee Incentive

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Rinnai Completes Treasury Stock Disposal for Employee Incentive

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Rinnai ( (JP:5947) ) just unveiled an update.

Rinnai Corporation has completed the payment procedures for the disposal of treasury stock as a restricted stock incentive for its Employee Shareholding Association. The number of shares and total disposition value differed from initial expectations due to a partial loss of rights, impacting the company’s stock management strategy.

The most recent analyst rating on (JP:5947) stock is a Hold with a Yen3726.00 price target. To see the full list of analyst forecasts on Rinnai stock, see the JP:5947 Stock Forecast page.

More about Rinnai

Rinnai Corporation is a company listed on the Tokyo Stock Exchange and Nagoya Stock Exchange, primarily involved in the manufacturing and distribution of heating appliances and related products.

Average Trading Volume: 294,808

Technical Sentiment Signal: Hold

Current Market Cap: Yen489.3B

For a thorough assessment of 5947 stock, go to TipRanks’ Stock Analysis page.

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