Samsonite International SA ( (HK:1910) ) has issued an update.
Samsonite International SA has announced a proposed grant of Restricted Stock Units (RSUs) to its Chief Executive Officer, Kyle Francis Gendreau, under the Share Award Scheme. The grant, which exceeds the 0.1% individual threshold, is valued at US$7,316,350 and will be subject to shareholder approval at the upcoming Annual General Meeting. This move is indicative of the company’s commitment to aligning executive compensation with performance and shareholder interests, potentially impacting the company’s operational focus and stakeholder engagement.
More about Samsonite International SA
Samsonite International SA is a leading company in the luggage industry, known for its high-quality travel bags and accessories. The company focuses on providing durable and innovative products to meet the needs of travelers worldwide.
YTD Price Performance: -37.50%
Average Trading Volume: 15,894
Technical Sentiment Signal: Strong Buy
Current Market Cap: $2.43B
For detailed information about 1910 stock, go to TipRanks’ Stock Analysis page.