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Smoore International Grants 1.2 Million Shares to Employees

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Smoore International Grants 1.2 Million Shares to Employees

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Smoore International Holdings Limited ( (HK:6969) ) has shared an announcement.

Smoore International Holdings Limited has announced the grant of 1,200,000 awarded shares to eight eligible employees as part of its Amended Share Award Scheme. The shares, which have no purchase price, will vest between July 2026 and July 2029, with the number of shares and vesting period determined by the employees’ performance evaluations. This move aims to incentivize employees and align their interests with the company’s long-term goals, potentially impacting employee retention and performance.

The most recent analyst rating on (HK:6969) stock is a Sell with a HK$10.72 price target. To see the full list of analyst forecasts on Smoore International Holdings Limited stock, see the HK:6969 Stock Forecast page.

More about Smoore International Holdings Limited

Smoore International Holdings Limited is a company incorporated in the Cayman Islands, operating in the industry of electronic atomization technology. The company primarily focuses on the development and manufacturing of vaping devices and components.

Average Trading Volume: 32,993,172

Technical Sentiment Signal: Buy

Current Market Cap: HK$130.6B

See more data about 6969 stock on TipRanks’ Stock Analysis page.

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