Kingmaker Footwear Holdings ( (HK:1170) ) has shared an update.
Kingmaker Footwear Holdings Limited announced a recent development in its share award scheme, where the Trustee purchased 4,536,000 shares on the market to hold on trust for selected participants. This move, which represents approximately 0.670% of the company’s total shares in issue, aims to benefit selected participants under the scheme. The board retains discretion over the number of awarded shares and their vesting conditions, potentially impacting stakeholder interests and the company’s market positioning.
More about Kingmaker Footwear Holdings
Kingmaker Footwear Holdings Limited operates in the footwear industry, focusing on the design, development, and manufacture of footwear products. The company is incorporated in Bermuda and is listed on the Stock Exchange of Hong Kong.
YTD Price Performance: 193.33%
Average Trading Volume: 20,000
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $56.59M
See more data about 1170 stock on TipRanks’ Stock Analysis page.