Alpen Co., Ltd.TSE: 3028

Notice Concerning the Disposal of Treasury Stock as Restricted Stock Compensation

· Issued by Alpen Co., Ltd. via TDnet

Filed with TSE · · 3 pages · English

Summary by 6ix AI

Alpen Co., Ltd. has announced the disposal of treasury stock as restricted stock compensation, as resolved by its Board of Directors. The plan involves granting shares to directors and executive officers to enhance corporate value and align their interests with shareholders. The allocated shares will have a restricted transfer period, and the company will acquire any shares not released from restrictions after this period. The disposal price is based on the market price prior to the resolution date, ensuring it reflects the company's value fairly.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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