Alps Alpine Co., Ltd.

6770.T
Electronic Components
2026/08/21 Updated
Market Cap: $2.7B (¥426.8B)
Stock Price: $13.76 (¥2,187)
Exchange Rate: 1 USD = ¥158.98

【Alps Alpine】Sale of Treasury Stock and Long-term Incentive Program|June 2026

Alps Alpine will sell 53,400 shares of common stock at 2,087.5 yen on July 24, 2026, as part of the long-term incentive program for designated Directors and Executives.

Importance:
Page Updated: June 25, 2026
IR Disclosure Date: June 25, 2026

Key Figures

  • Number of Shares Sold: 53,400 shares
  • Sales Amount: 111,472,500 yen
  • Sale Price per Share: 2,087.5 yen

AI要約

Overview of the Sale

Alps Alpine will sell 53,400 shares of common stock at 2,087.5 yen on July 24, 2026. This sale is part of the restricted stock remuneration plan, aimed at granting long-term incentives to designated Directors and Executives. Of the shares to be sold, 22,700 shares will be allocated to four Directors, and 30,700 shares to ten Executive Officers. The sale has been reported in accordance with the Financial Instruments and Exchange Act.

Purpose and Future Outlook

This share sale aims to provide long-term incentives and share value sharing with shareholders. The plan sets the transfer restriction period at 40 years, fostering sustained motivation among the targeted Directors and Executives. Conditions for解除 of transfer restrictions and procedures during organizational restructuring are also specified, positioning this as a measure to enhance long-term corporate value.

This page uses AI to summarize IR materials from TDnet. Please refer to the original document for investment decisions.

Alps Alpine Corporation

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