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BOC Aviation Grants RSUs to Key Personnel Under Long-Term Incentive Plan

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BOC Aviation Grants RSUs to Key Personnel Under Long-Term Incentive Plan

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The latest announcement is out from BOC Aviation ( (HK:2588) ).

BOC Aviation Limited announced the grant of restricted share units (RSUs) under its long-term incentive plan, covering the years 2022 to 2025. A total of 2,465,872 shares were allocated to key personnel, including the Chairman, Executive Director, subsidiary directors, and other employees. This move represents approximately 0.36% of the company’s issued share capital, with a market value of HK$152.4 million. The grants are part of the remuneration packages for senior management and are exempt from certain reporting and approval requirements, highlighting the company’s commitment to rewarding its leadership and aligning their interests with shareholders.

The most recent analyst rating on (HK:2588) stock is a Buy with a HK$82.00 price target. To see the full list of analyst forecasts on BOC Aviation stock, see the HK:2588 Stock Forecast page.

More about BOC Aviation

BOC Aviation Limited is a Singapore-incorporated company operating in the aviation industry. It specializes in aircraft leasing and financing, providing services to airlines globally. The company is listed on the Hong Kong Stock Exchange and focuses on long-term incentive plans for its employees.

Average Trading Volume: 973,143

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$42.89B

Find detailed analytics on 2588 stock on TipRanks’ Stock Analysis page.

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