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HKT Limited Grants Share Stapled Unit Awards to Executive Director

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HKT Limited Grants Share Stapled Unit Awards to Executive Director

Confident Investing Starts Here:

HKT and HKT ( (HK:6823) ) just unveiled an announcement.

HKT Limited has announced the grant of 356,302 share stapled unit awards to its Executive Director and Group Managing Director, Hui Hon Hing, Susanna, under the 2024 Share Stapled Unit Award Scheme. This move, approved by the Independent Non-Executive Directors, reflects the company’s recognition of the executive’s contributions and the Group’s performance, with no performance targets or clawback mechanisms attached to the awards. The announcement indicates the company’s commitment to rewarding its leadership, potentially impacting its operational dynamics and stakeholder relations.

The most recent analyst rating on (HK:6823) stock is a Buy with a HK$12.50 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 Limited, together with HKT Trust and its subsidiaries, operates in the telecommunications industry. The company is primarily focused on providing telecommunications services and solutions, with a market focus on Hong Kong.

Average Trading Volume: 8,710,722

Technical Sentiment Signal: Buy

Current Market Cap: HK$85.2B

For an in-depth examination of 6823 stock, go to TipRanks’ Overview page.

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