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Genscript Biotech Grants Restricted Shares to Executives

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Genscript Biotech Grants Restricted Shares to Executives

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Genscript Biotech ( (HK:1548) ) has provided an announcement.

Genscript Biotech Corporation announced the grant of 624,540 Restricted Shares to its rotating chief executive officer and a director under the 2019 RSA Scheme. This move is part of the company’s strategy to align the interests of its executives with corporate performance, with vesting periods extending up to five years and performance targets in place. The inclusion of a clawback mechanism ensures that the company can reclaim equity incentives under certain conditions, such as misconduct or financial misstatements.

More about Genscript Biotech

Genscript Biotech Corporation is a company incorporated in the Cayman Islands, operating in the biotechnology industry. The company, along with its subsidiaries, focuses on providing innovative biotechnology products and services.

Average Trading Volume: 22,411,448

Technical Sentiment Signal: Buy

Current Market Cap: HK$36.41B

For a thorough assessment of 1548 stock, go to TipRanks’ Stock Analysis page.

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