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Alpen Co., Ltd. Completes Treasury Stock Disposal for Compensation

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Alpen Co., Ltd. Completes Treasury Stock Disposal for Compensation

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Alpen Co., Ltd. ( (JP:3028) ) has shared an announcement.

Alpen Co., Ltd. has completed the payment procedures for the disposal of treasury stock as restricted stock compensation, as resolved by its Board of Directors. This disposal involved 9,485 shares of common stock at a price of ¥2,286 per share, amounting to a total of ¥21,682,710, and was allocated to directors and executive officers. This move is likely aimed at aligning the interests of the company’s leadership with its long-term performance.

The most recent analyst rating on (JP:3028) stock is a Hold with a Yen2440.00 price target. To see the full list of analyst forecasts on Alpen Co., Ltd. stock, see the JP:3028 Stock Forecast page.

More about Alpen Co., Ltd.

Alpen Co., Ltd. operates in the retail industry, focusing on sports and outdoor products. The company is listed on the Tokyo Stock Exchange Prime Market and the Nagoya Stock Exchange Premier Market.

Average Trading Volume: 100,131

Technical Sentiment Signal: Buy

Current Market Cap: Yen86.53B

See more insights into 3028 stock on TipRanks’ Stock Analysis page.

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