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Kingsoft Cloud Awards RSUs to Retain Top Talent

Kingsoft Cloud Awards RSUs to Retain Top Talent

Kingsoft Cloud Holdings Ltd (HK:3896) has released an update.

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Kingsoft Cloud Holdings Ltd has granted 962,007 restricted share units (RSUs) to an employee under its 2021 Share Incentive Plan. These RSUs, which represent approximately 0.03% of the company’s total issued shares, are set to fully vest immediately due to the employee’s commendable performance over the past year. This move reflects the company’s strategy to incentivize and retain top talent without performance targets attached.

For further insights into HK:3896 stock, check out TipRanks’ Stock Analysis page.

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