The latest announcement is out from SenseTime Group, Inc. Class B ( (HK:0020) ).
SenseTime Group Inc. announced the grant of 311,333,631 restricted share units (RSUs) under its 2022 RSU Scheme to eligible employees and service providers. This move, which represents approximately 0.84% of the company’s total issued shares, is aimed at incentivizing performance and aligning interests with stakeholders. The RSUs have a vesting period ranging from 13 to 50 months and are subject to performance targets and a clawback mechanism to ensure compliance and performance alignment.
More about SenseTime Group, Inc. Class B
SenseTime Group Inc. operates in the artificial intelligence industry, providing AI software and services. The company focuses on developing AI technologies for various applications, including smart cities, education, healthcare, and autonomous driving.
YTD Price Performance: 6.71%
Average Trading Volume: 728,703,234
Technical Sentiment Signal: Sell
Current Market Cap: HK$58.84B
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