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Sinch AB ( (SE:SINCH) ) just unveiled an announcement.
Sinch AB held an extraordinary general meeting to approve a long-term incentive program, LTI 2025, for up to 625 employees, offering stock options with performance and time-based vesting conditions. The meeting also resolved to hedge financial exposure related to LTI 2025 through a share swap agreement with a third party, as the proposal for the board to acquire own shares did not pass.
The most recent analyst rating on (SE:SINCH) stock is a Buy with a SEK38.30 price target. To see the full list of analyst forecasts on Sinch AB stock, see the SE:SINCH Stock Forecast page.
More about Sinch AB
Sinch is a leader in global communications, providing a Customer Communications Cloud that enhances customer experience through mobile messaging, voice, and email services. Founded in 2008, the company has been profitable and rapidly expanding, serving over 175,000 businesses, including major tech firms. Sinch is headquartered in Stockholm, Sweden, and its shares are traded on NASDAQ Stockholm.
Average Trading Volume: 5,308,530
Technical Sentiment Signal: Buy
Current Market Cap: SEK25.47B
See more insights into SINCH stock on TipRanks’ Stock Analysis page.