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The latest announcement is out from SenseTime Group, Inc. Class B ( (HK:0020) ).
SenseTime Group Inc. has announced the conditional grant of 1,360,000,000 restricted share units (RSUs) under its 2022 RSU Scheme to senior executives, representing approximately 3.52% of the company’s total issued shares. This move is aimed at aligning the interests of the executives with the company’s performance targets, with vesting periods set between 2026 and 2031, contingent upon achieving specific performance metrics. This strategic initiative is expected to enhance executive commitment and potentially impact the company’s market positioning positively.
The most recent analyst rating on (HK:0020) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on SenseTime Group, Inc. Class B stock, see the HK:0020 Stock Forecast page.
More about SenseTime Group, Inc. Class B
SenseTime Group Inc. operates in the artificial intelligence industry, focusing on developing AI-powered solutions and technologies. The company offers a range of products and services, including computer vision and deep learning technologies, catering to various sectors such as smart cities, education, healthcare, and finance.
Average Trading Volume: 689,624,454
Technical Sentiment Signal: Buy
Current Market Cap: HK$80.06B
Find detailed analytics on 0020 stock on TipRanks’ Stock Analysis page.