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PCCW Limited Grants Over 4 Million Share Awards to Employees and Executive

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PCCW Limited Grants Over 4 Million Share Awards to Employees and Executive

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PCCW Limited ( (HK:0008) ) just unveiled an update.

PCCW Limited announced the grant of share awards under its 2024 Share Award Scheme, involving a total of 4,125,250 shares. The awards were granted to employees and an executive director, with no purchase price and a vesting period extending up to two years. The decision for granting these awards was based on the performance of the group and the contributions of the grantees, with no additional performance targets required for vesting. This move is likely to enhance employee retention and align the interests of the employees and the company, potentially impacting its operational efficiency and market positioning positively.

More about PCCW Limited

PCCW Limited is a Hong Kong-based company operating in the telecommunications industry. It provides a range of services including telecommunications, media, IT solutions, and property development and investment. The company primarily focuses on the Hong Kong market and has a significant presence in the region.

YTD Price Performance: 11.06%

Average Trading Volume: 16,267,019

Technical Sentiment Signal: Sell

Current Market Cap: HK$38.83B

See more data about 0008 stock on TipRanks’ Stock Analysis page.

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