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Altech Corporation Completes Treasury Stock Disposal for Executive Compensation

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Altech Corporation Completes Treasury Stock Disposal for Executive Compensation

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Altech Corporation ( (JP:4641) ) has provided an announcement.

Altech Corporation has completed the payment procedure for the disposal of treasury stock as restricted stock compensation and stock grants with transfer restrictions, as approved by the Board of Directors. This move involves disposing of 12,100 shares of common stock at a price of 2,626 Yen per share, totaling 31,774,600 Yen, and is allocated to four directors and five executive officers, potentially impacting the company’s stock management and executive compensation strategies.

More about Altech Corporation

Altech Corporation operates in the technology industry and is listed on the Tokyo Stock Exchange Prime. The company focuses on providing innovative technology solutions and services.

YTD Price Performance: -4.25%

Average Trading Volume: 23,000

Technical Sentiment Signal: Buy

Current Market Cap: Yen40.95B

Learn more about 4641 stock on TipRanks’ Stock Analysis page.

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