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Kuaishou Technology Grants Over 7 Million RSUs to Employees

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Kuaishou Technology Grants Over 7 Million RSUs to Employees

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Kuaishou Technology Class B ( (HK:1024) ) has shared an announcement.

Kuaishou Technology has announced the grant of 7,721,137 Restricted Share Units (RSUs) to eligible employees under its 2023 Share Incentive Scheme. This initiative aims to align the interests of employees with the company’s growth and profitability, with no performance targets attached to the RSUs. The vesting period ranges from 0 to 48 months, and the company has mechanisms to recover or withhold RSUs under certain conditions. This grant is part of Kuaishou’s strategy to retain talent and encourage long-term contributions to the company’s success.

The most recent analyst rating on (HK:1024) stock is a Buy with a HK$75.00 price target. To see the full list of analyst forecasts on Kuaishou Technology Class B stock, see the HK:1024 Stock Forecast page.

More about Kuaishou Technology Class B

Kuaishou Technology is a company incorporated in the Cayman Islands, operating with weighted voting rights. The company is involved in the technology sector, focusing on social media and video-sharing platforms, primarily targeting the Chinese market.

Average Trading Volume: 40,125,377

Technical Sentiment Signal: Buy

Current Market Cap: HK$305.5B

Learn more about 1024 stock on TipRanks’ Stock Analysis page.

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