Asia
Makita Board Approves Treasury Share Disposal as Stock-based Compensation Plan
Makita (TYO:6586) board approved the disposal of 5,701 treasury shares totaling up to 32.4 million yen under its stock-based compensation plan with restrictions on stock transfers.The shares were allocated to eight directors, excluding audit & supervisory committee member directors and outside directors, according to a Wednesday filing on the Tokyo Stock Exchange.The disposal will be completed on July 17.
TYO:6586
