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Pacific Basin Shipping ( (HK:2343) ) has provided an update.
Pacific Basin Shipping has announced the grant of 28,626,000 awarded shares under its 2025 Share Award Scheme to eligible participants, including its Executive Director and Chief Executive Officer, Martin Fruergaard, and Chief Financial Officer, Ng Chi Kit, Jimmy. The awarded shares represent approximately 0.56% of the company’s issued share capital and are intended to serve as retention incentives and rewards for employee contributions. The scheme includes a mix of restricted share awards and performance share unit awards, with some shares subject to performance targets. The awards are subject to a clawback mechanism, ensuring alignment with shareholder interests.
The most recent analyst rating on (HK:2343) stock is a Buy with a HK$3.00 price target. To see the full list of analyst forecasts on Pacific Basin Shipping stock, see the HK:2343 Stock Forecast page.
More about Pacific Basin Shipping
Average Trading Volume: 27,634,712
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$10.31B
See more data about 2343 stock on TipRanks’ Stock Analysis page.