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PUDO Inc ( (TSE:PDO) ) has provided an announcement.
PUDO Inc. announced the granting of stock options to its directors and employees, amounting to a total of 1,685,000 options. This move, which includes options vesting over four years at a price of $0.135 per share, reflects PUDO’s strategic initiatives to align employee interests with company growth. These stock options are expected to motivate the team and could potentially strengthen PUDO’s position in the competitive parcel logistics industry.
More about PUDO Inc
PUDO Inc. is North America’s only independent parcel pick-up and drop-off counter network. The company has established a network of over 1,200 storefront partners known as PUDOpoint Counters, which are strategically located near residential, work, and recreational areas. PUDO collaborates with retailers and logistics providers to offer a last-mile pick-up and returns network for e-commerce shoppers, aiming to reduce costs, increase convenience, and enhance package security in the last-mile logistics segment.
YTD Price Performance: -25.00%
Average Trading Volume: 5,415
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$3.68M
See more insights into PDO stock on TipRanks’ Stock Analysis page.