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An announcement from Kuaishou Technology Class B ( (HK:1024) ) is now available.
Kuaishou Technology, a company controlled through weighted voting rights and incorporated in the Cayman Islands, has announced the grant of 9,794,330 Restricted Share Units (RSUs) under its 2023 Share Incentive Scheme to certain eligible employees. This move is aimed at aligning the interests of the grantees with those of the company, encouraging their contributions to its long-term growth. With a vesting period ranging from 0 to 48 months and no performance targets, this grant is designed to retain talent without immediate performance demands. Additionally, the company has outlined clawback mechanisms to safeguard its interests, highlighting a strategic approach to talent management and stakeholder alignment.
More about Kuaishou Technology Class B
YTD Price Performance: -1.45%
Average Trading Volume: 36,783,611
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$176.4B
For a thorough assessment of 1024 stock, go to TipRanks’ Stock Analysis page.