Murata Manufacturing Co (MRAAF) has released an update.
Murata Manufacturing Co., Ltd. has announced its intention to continue providing stock compensation to its Eligible Directors and Vice Presidents as part of its restricted stock compensation plan, with a planned disposal of treasury shares estimated to be worth up to 300 million JPY this year. This initiative follows the framework set by shareholder resolutions from 2017 and 2021, aiming to incentivize the company’s leadership. The exact details of the plan will be disclosed following a Board of Directors meeting on June 27, 2024.
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