In that case it's probably simpler (or at least faster) to do a REORG (or actually an UNLOAD followed by a DROP TABLE + CREATE TABLE, followed by a LOAD), but you loose the automatic restore of everything referring the table, like indexes, views, foreign keys in other tables, etc., which you will have to restore manually.
But maybe SYSPROC.ALTOBJ is already doing just that? In that case there will not be anything faster.