An announcement from China Mengniu Dairy Co ( (HK:2319) ) is now available.
China Mengniu Dairy Company Limited has approved the grant of 5,643,871 restricted shares under its Restricted Share Award Scheme, representing approximately 0.158% of the company’s issued share capital. This initiative aims to reward and incentivize selected participants, including directors, senior management, and other employees, who have contributed to the company’s performance and will support its sustainable development. The shares will vest over three years, subject to performance targets related to the company’s financial performance, thereby aligning employee interests with the company’s growth objectives.
More about China Mengniu Dairy Co
China Mengniu Dairy Company Limited is a leading player in the dairy industry, primarily engaged in the production and distribution of dairy products. The company focuses on providing high-quality dairy offerings to meet the nutritional needs of consumers.
YTD Price Performance: 18.70%
Average Trading Volume: 28,100
Technical Sentiment Signal: Hold
Current Market Cap: $9.76B
For a thorough assessment of 2319 stock, go to TipRanks’ Stock Analysis page.