An update from China Railway Group ( (HK:0390) ) is now available.
China Railway Group Limited announced an adjustment to its 2021 Restricted Share Incentive Scheme, specifically the second unlocking period under the first grant. The adjustment was necessary due to changes in participant eligibility, resulting in a reduction of qualified participants from 640 to 635 and a decrease in the number of restricted shares involved in the unlocking from 51,877,822 to 51,449,722 shares. This move reflects the company’s ongoing commitment to align its share incentive scheme with current participant status, which may impact the company’s operational strategies and stakeholder interests.
More about China Railway Group
China Railway Group Limited operates in the construction and engineering industry, focusing on infrastructure development, including railways, highways, and urban transit systems.
YTD Price Performance: -2.75%
Average Trading Volume: 12,518
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $18.52B
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