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Tencent Grants Over 6 Million Share Options to Employees

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Tencent Grants Over 6 Million Share Options to Employees

An announcement from Tencent Holdings Limited ( (HK:0700) ) is now available.

Tencent Holdings Limited has announced the grant of 6,663,390 share options to its employees under the company’s Share Option Scheme. This move is aimed at retaining and incentivizing employees, including senior management, by offering them the opportunity to subscribe for shares at an exercise price of HK$526.9 per share. The options have a vesting period ranging from approximately 22 to 48 months and are intended to encourage long-term commitment and contribution to the company’s growth.

More about Tencent Holdings Limited

YTD Price Performance: 29.61%

Average Trading Volume: 36,281

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $630.1B

Learn more about 0700 stock on TipRanks’ Stock Analysis page.

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