Aligning for Long-Term Success. Unlike traditional sales to external entities, ESOPs transfer ownership to employees over time, aligning personal success with the business’s long-term performance.

All 197,717 shares of United common stock held by the KSOP were repurchased at $54. ... shares of common stock held by the United Bancorporation of Alabama, Inc. 401 Employee Stock Ownership Plan.

ATMORE, Ala., Nov. 18, 2024 /PRNewswire/ -- (OTCQX: UBAB)- United Bancorporation of Alabama, Inc. announced today that it has completed the repurchase of all of its shares of common stock held by the ...

Editor’s note: The companion article, “What to Know When Your Client Is Considering Employee Ownership” explores how CPAs can advise clients interested in changing their company’s ownership model.

The company operates its employee ownership plan through an alternative equity structure because an employee stock ownership plan was too expensive. Oyler said there are about 1,500 available ...

all of its shares of common stock held by the United Bancorporation of Alabama, Inc. 401(k) Employee Stock Ownership Plan ("KSOP"). All 197,717 shares of United common stock held by the KSOP were ...