Samsonite Announces New Incentive Grants to Retain and Motivate Key Employees

The latest announcement is out from Samsonite International SA ( (HK:1910) ).

Samsonite International S.A. announced the grant of restricted share units (RSUs) and long-term incentive cash awards as part of its Share Award Scheme. These grants aim to retain key employees and incentivize future performance by aligning their interests with the company’s growth. The RSUs are granted to the CEO and other participants, while the cash awards are given to certain employees, with vesting conditions tied to performance targets over a three-year period. This initiative is designed to manage equity dilution while providing significant incentive opportunities.

The most recent analyst rating on (HK:1910) stock is a Buy with a HK$22.89 price target. To see the full list of analyst forecasts on Samsonite International SA stock, see the HK:1910 Stock Forecast page.

More about Samsonite International SA

Samsonite International S.A. is a company incorporated in Luxembourg, primarily operating in the luggage and travel accessories industry. It focuses on providing high-quality travel products and services, catering to a global market.

Average Trading Volume: 10,120,799

Technical Sentiment Signal: Sell

Current Market Cap: HK$20B

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