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An update from Hexatronic Group AB ( (SE:HTRO) ) is now available.
Hexatronic Group AB announced the expiration of its long-term incentive program LTIP 2022, resulting in the allocation of performance shares to participants. To cover tax obligations, Magnus Angemund, a member of the Group Management, will sell approximately 25,000 shares, while other management members have opted to retain their shares. The company has converted 164,518 C shares into ordinary shares, with 125,185 shares allocated to LTIP 2022 participants and 39,333 shares to be sold on the stock exchange to cover social security costs. This move impacts the company’s share distribution and financial obligations, reflecting its ongoing commitment to incentivizing management and aligning their interests with stakeholders.
The most recent analyst rating on (SE:HTRO) stock is a Buy with a SEK47.00 price target. To see the full list of analyst forecasts on Hexatronic Group AB stock, see the SE:HTRO Stock Forecast page.
More about Hexatronic Group AB
Hexatronic Group AB, founded in Sweden in 1993, operates in the fiber technology industry, providing high-quality solutions for telecom operators and network owners across four continents. The company is listed on Nasdaq Stockholm and is known for its global brands such as Viper, Stingray, Raptor, InOne, and Wistom®.
Average Trading Volume: 1,687,454
Current Market Cap: SEK4.47B
For detailed information about HTRO stock, go to TipRanks’ Stock Analysis page.