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Shangri-La Asia Grants Over 18 Million Share Awards Under 2025 Scheme

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Shangri-La Asia Grants Over 18 Million Share Awards Under 2025 Scheme

Elevate Your Investing Strategy:

Shangri-La Asia ( (HK:0069) ) just unveiled an announcement.

Shangri-La Asia Limited has announced the grant of 18,753,200 share awards under its 2025 Share Scheme, aimed at rewarding past contributions and incentivizing future performance of its employees and directors. The share awards, which are not subject to performance targets, are part of the remuneration strategy to align the interests of grantees with the company’s long-term goals. A clawback mechanism is in place to address any misconduct or events that may harm the company’s reputation, ensuring accountability among participants.

The most recent analyst rating on (HK:0069) stock is a Buy with a HK$6.00 price target. To see the full list of analyst forecasts on Shangri-La Asia stock, see the HK:0069 Stock Forecast page.

More about Shangri-La Asia

Shangri-La Asia Limited is a company incorporated in Bermuda, operating in the hospitality industry. It focuses on providing luxury hotel and resort services across Asia and other regions, aiming to deliver exceptional experiences to its guests.

YTD Price Performance: -14.25%

Average Trading Volume: 1,074,607

Technical Sentiment Signal: Sell

Current Market Cap: HK$15.86B

For a thorough assessment of 0069 stock, go to TipRanks’ Stock Analysis page.

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