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Alps Alpine Completes Disposal of Treasury Stock for Executive Remuneration

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Alps Alpine Completes Disposal of Treasury Stock for Executive Remuneration

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

Alps Alpine Co., Ltd. has completed the disposal of 71,100 shares of its treasury stock as restricted stock remuneration, following a resolution by its Board of Directors. This move, involving a total disposal value of 101,317,500 yen, is aimed at incentivizing its directors and executive officers, potentially impacting the company’s governance and operational strategies.

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 innovative solutions and has a significant presence in the global market.

YTD Price Performance: -0.74%

Average Trading Volume: 1,137,480

Technical Sentiment Signal: Strong Buy

Current Market Cap: Yen325.5B

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

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