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The latest update is out from InnoCare Pharma Ltd. ( (HK:9969) ).
InnoCare Pharma Ltd. has announced the grant of 2,467,550 Restricted Shares to 91 Incentive Participants as part of its 2024 RMB Share Incentive Scheme. This grant, representing approximately 0.14% of the company’s total issued shares, aims to incentivize key personnel and aligns with company and individual performance targets. The initiative is expected to bolster employee motivation and align interests with shareholders, potentially enhancing the company’s operational performance and market positioning.
The most recent analyst rating on (HK:9969) stock is a Buy with a HK$25.20 price target. To see the full list of analyst forecasts on InnoCare Pharma Ltd. stock, see the HK:9969 Stock Forecast page.
More about InnoCare Pharma Ltd.
InnoCare Pharma Ltd. is a pharmaceutical company incorporated in the Cayman Islands, focusing on innovative drug development and commercialization. The company operates in the biopharmaceutical industry, with a primary focus on creating therapies for cancer and autoimmune diseases.
Average Trading Volume: 19,246,939
Technical Sentiment Signal: Buy
Current Market Cap: HK$29.93B
Learn more about 9969 stock on TipRanks’ Stock Analysis page.