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Alps Alpine Announces Treasury Stock Disposal for Long-term Incentive Plan

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Alps Alpine Announces Treasury Stock Disposal for Long-term Incentive Plan

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Alps Alpine Co ( (JP:6770) ) has issued an announcement.

Alps Alpine Co., Ltd. has announced the disposal of 71,100 shares of its treasury stock as part of a restricted stock remuneration plan aimed at providing long-term incentives to its directors and executive officers. This move is intended to align the interests of the company’s leadership with those of its shareholders and to attract and retain competent personnel. The plan includes transfer restrictions on the stock for 40 years, with provisions for lifting these restrictions upon the expiration of the term of office or retirement for justifiable reasons.

The most recent analyst rating on (JP:6770) stock is a Sell with a Yen1500.00 price target. To see the full list of analyst forecasts on Alps Alpine Co stock, see the JP:6770 Stock Forecast page.

More about Alps Alpine Co

Alps Alpine Co., Ltd. operates in the electronics industry, focusing on the production of electronic components and automotive infotainment systems. The company is known for its innovation in creating high-quality products that cater to the automotive and consumer electronics markets.

Average Trading Volume: 1,143,390

Technical Sentiment Signal: Buy

Current Market Cap: Yen292.3B

For an in-depth examination of 6770 stock, go to TipRanks’ Overview page.

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