Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
HKT and HKT ( (HK:6823) ) has provided an update.
HKT Trust and HKT Limited have granted a total of 519,605 share stapled unit awards under their 2024 Share Stapled Unit Award Scheme, jointly issued by the trust and the company. The awards, priced at nil consideration with a reference closing price of HK$12.59 per unit on the grant date, are structured to vest over one- and two-year periods.
Of these, 328,295 awards were granted to employee participants and 191,310 to related entity participants, with vesting tranches running from May 2026 to May 2027 and May 2028. The grants follow prior assessment by the remuneration committee that performance targets had already been met, and the scheme does not impose additional vesting performance conditions or include a clawback mechanism, underscoring a straightforward but less risk-contingent incentive design for beneficiaries.
The most recent analyst rating on (HK:6823) stock is a Buy with a HK$13.00 price target. To see the full list of analyst forecasts on HKT and HKT stock, see the HK:6823 Stock Forecast page.
More about HKT and HKT
HKT Trust and HKT Limited operate as a Hong Kong-based telecommunications and related services group, with the HKT Trust constituted under Hong Kong law and HKT Limited incorporated in the Cayman Islands. The group issues share stapled units, which combine interests in both the trust and the company, as part of its capital and employee incentive structure in the Hong Kong market.
Average Trading Volume: 9,077,270
Technical Sentiment Signal: Buy
Current Market Cap: HK$96.37B
See more insights into 6823 stock on TipRanks’ Stock Analysis page.