Altech Corporation Completes Treasury Stock Disposal for Executive Compensation
Altech Corporation has completed the disposal of 12,100 shares of treasury stock as restricted stock compensation, approved by its Board of Directors. The shares were sold at 2,626 Yen each, totaling 31,774,600 Yen, allocated to four directors and five executive officers. This action may influence the company's stock management and executive compensation strategies. Altech operates in the technology sector and is listed on the Tokyo Stock Exchange Prime, with a current market cap of Yen40.95B and a year-to-date price performance of -4.25%.
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.
Trending Articles:
- Paramount Stock (NASDAQ:PARA) Gains on New Push For AI Localization Tools
- Ford Stock (NYSE:F) Shrugs off Massive Recalls, Price Hikes
- Intel Stock (NASDAQ:INTC) Slips as TSMC Denies Joint Venture
Disclaimer & DisclosureReport an Issue
