Altech Corporation
Notice Regarding Disposal of Treasury Stock as Restricted Stock Compensation
On April 17, 2026, 11,800 shares of treasury stock were disposed of as restricted stock compensation to five directors at 2,600 yen per share, totaling 30,680,000 yen.
Key Figures
- Number of Shares Disposed: 11,800 shares
- Disposal Price (per share): 2,600 yen (closing price on March 25, 2026)
- Total Disposal Price: 30,680,000 yen
- Transfer Restriction Period: April 17, 2026 to April 16, 2066 (40 years)
- Planned Allottees: 5 directors (excluding outside directors)
AI要約
Overview of Capital Policy
Alps Giken Co., Ltd. resolved to dispose of 11,800 shares of treasury stock as restricted stock compensation on April 17, 2026. The disposal price is set at 2,600 yen per share, totaling 30,680,000 yen, with the allocation planned to five directors (excluding outside directors). This disposal is conducted as part of an incentive program aimed at sustainably enhancing corporate value and sharing value with shareholders. The transfer restriction period is set long-term at 40 years and is implemented based on a system approved at the shareholders meeting.
Impact on Shareholders and Future Outlook
This restricted stock compensation system functions as a performance incentive for directors and promotes the sharing of shareholder value. During the transfer restriction period, the eligible directors face limitations on transferring or pledging shares, with mechanisms for lifting restrictions subject to certain conditions. The disposal of treasury stock is based on market prices and is not considered preferential. Similar systems are expected to continue to reinforce management's commitment to enhancing corporate value.
Alps Giken Co., Ltd.
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