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Tencent Holdings ( (HK:0700) ) just unveiled an update.
Tencent Holdings announced the grant of 1,588,368 awarded shares to employee participants under its Share Award Scheme, representing approximately 0.0174% of the total shares in issue. This initiative, not requiring shareholder approval, aims to incentivize and retain employees, with a vesting period ranging from 13 to 49 months, reflecting the company’s commitment to its workforce’s long-term contribution to its growth and success.
The most recent analyst rating on (HK:0700) stock is a Buy with a HK$786.00 price target. To see the full list of analyst forecasts on Tencent Holdings stock, see the HK:0700 Stock Forecast page.
More about Tencent Holdings
Tencent Holdings is a leading technology company in the internet industry, primarily offering social networking, music, web portals, e-commerce, mobile games, internet services, and artificial intelligence. The company is well-known for its popular social media platforms and online payment systems, focusing on the Chinese market and expanding its influence globally.
Average Trading Volume: 17,421,881
Technical Sentiment Signal: Buy
Current Market Cap: HK$5953.8B
Learn more about 0700 stock on TipRanks’ Stock Analysis page.