Altech (TYO:4641) completed the disposal of 12,100 treasury shares on April 18 as part of a restricted stock compensation program for directors and executive officers, according to a Friday filing on the Tokyo Stock Exchange.

The shares were disposed of at 2,626 yen each, raising a total of 31.8 million yen. Of these, 9,000 shares were allocated to four internal directors and 3,100 shares to five executive officers.