PCCW Limited Grants 166,882 Share Awards Under 2024 Scheme

PCCW Limited ( (HK:0008) ) has provided an update.

PCCW Limited announced the grant of 166,882 share awards under its 2024 Share Award Scheme, with no purchase price attached. The awards are aimed at employee participants and are set to vest over one or two years, depending on the specific award. The performance targets for these awards have already been met, and there is no clawback mechanism in place. This initiative reflects PCCW’s strategy to incentivize its employees, potentially enhancing workforce motivation and aligning employee interests with company goals.

The most recent analyst rating on (HK:0008) stock is a Buy with a HK$5.00 price target. To see the full list of analyst forecasts on PCCW Limited stock, see the HK:0008 Stock Forecast page.

More about PCCW Limited

PCCW Limited is a company incorporated in Hong Kong, operating in the telecommunications and media industry. It provides a range of services including telecommunications, media, IT solutions, and property development and investment. The company focuses on leveraging technology to deliver innovative solutions to its customers.

Average Trading Volume: 15,153,996

Technical Sentiment Signal: Buy

Current Market Cap: HK$40.3B

For an in-depth examination of 0008 stock, go to TipRanks’ Overview page.