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Galaxy Entertainment Grants Over 8.5 Million Share Options and Awards to Staff and Directors

Story Highlights
  • Galaxy Entertainment granted 210,000 share options and 8,355,200 share awards to directors and employees under its existing incentive schemes.
  • The remuneration committee says the equity grants, without performance or clawback terms, align with market practice and support long-term staff commitment.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Galaxy Entertainment Grants Over 8.5 Million Share Options and Awards to Staff and Directors

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Galaxy Entertainment Group ( (HK:0027) ) has issued an announcement.

Galaxy Entertainment Group has granted a total of 210,000 share options and 8,355,200 share awards to selected employee participants under its share option and share award schemes adopted in May 2023, with grants allocated across the chairman, executive directors, associates and other staff. The awards, which vest between 2026 and 2028 and were approved by independent non-executive directors, form part of the group’s compensation strategy to incentivise long-term commitment and align management and employee interests with shareholders, with the remuneration committee stating that the terms, including the absence of performance targets and clawback mechanisms, are fair, reasonable and in line with market practice.

The most recent analyst rating on (HK:0027) stock is a Buy with a HK$44.00 price target. To see the full list of analyst forecasts on Galaxy Entertainment Group stock, see the HK:0027 Stock Forecast page.

More about Galaxy Entertainment Group

Galaxy Entertainment Group Limited is a Hong Kong–incorporated company listed on the Stock Exchange of Hong Kong, operating in the entertainment and gaming sector with a focus on integrated resort and leisure businesses in Macau and the region.

Average Trading Volume: 11,387,706

Technical Sentiment Signal: Buy

Current Market Cap: HK$165.6B

For detailed information about 0027 stock, go to TipRanks’ Stock Analysis page.

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