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Alinco Completes Disposal of Treasury Shares for Stock Compensation

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Alinco Completes Disposal of Treasury Shares for Stock Compensation

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Alinco Incorporated ( (JP:5933) ) just unveiled an update.

Alinco Incorporated has completed the disposal of 40,579 treasury shares as restricted stock compensation, following a resolution by the board of directors. This disposal, involving directors and officers, was executed at a price of 1,020 yen per share, totaling 41,390,580 yen, and is part of the company’s strategy to align management incentives with shareholder interests.

More about Alinco Incorporated

Average Trading Volume: 32,203

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen20.23B

See more data about 5933 stock on TipRanks’ Stock Analysis page.

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