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Seiko Electric Announces Treasury Share Disposal for Stock Compensation

Story Highlights

Seiko Electric Co., Ltd. ( (JP:6653) ) just unveiled an announcement.

Seiko Electric Co., Ltd. announced the disposal of treasury shares as part of a restricted stock compensation plan aimed at providing medium- to long-term incentives for its directors and executive officers. This move is designed to align the interests of the company’s leadership with those of its shareholders by granting shares under specific conditions, thereby potentially enhancing the company’s governance and stakeholder engagement.

More about Seiko Electric Co., Ltd.

Seiko Electric Co., Ltd. operates in the electrical industry, focusing on the production and distribution of electrical components and systems. The company is listed on the Tokyo Stock Exchange and the Fukuoka Stock Exchange, indicating its significant presence in the Japanese market.

YTD Price Performance: -3.71%

Average Trading Volume: 69,788

Technical Sentiment Signal: Hold

Current Market Cap: Yen14.97B

For an in-depth examination of 6653 stock, go to TipRanks’ Stock Analysis page.

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