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Teikoku Electric Introduces New Director Remuneration Plan with Restricted Stock Vesting

Story Highlights
  • Teikoku Electric introduces a new remuneration plan with restricted stock vesting upon resignation.
  • The plan aims to align directors’ interests with shareholders by promoting long-term shareholding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from Teikoku Electric Manufacturing Co., Ltd. ( (JP:6333) ) is now available.

Teikoku Electric Manufacturing Co., Ltd. has announced a new remuneration plan for its directors, introducing restricted stock that vests upon resignation. This initiative aims to align the interests of directors with shareholders by encouraging directors to hold shares until they resign, thus promoting sustainable corporate value. The plan replaces the previous three-year restricted stock program and will be proposed at the upcoming Annual General Meeting of Shareholders.

More about Teikoku Electric Manufacturing Co., Ltd.

Teikoku Electric Manufacturing Co., Ltd. operates in the electrical manufacturing industry, focusing on producing a range of electric products and services. The company is listed on the Tokyo Stock Exchange under the securities code 6333.

Average Trading Volume: 43,926

Technical Sentiment Signal: Buy

Current Market Cap: Yen49.77B

Learn more about 6333 stock on TipRanks’ Stock Analysis page.

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