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TGS Announces Vesting of Incentive Plan Shares

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TGS Announces Vesting of Incentive Plan Shares

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An update from TGS ( (GB:0MSJ) ) is now available.

TGS has announced the vesting of Performance Stock Units (PSUs) and Restricted Stock Units (RSUs) under its 2022 Long Term Incentive Plan, resulting in the issuance of 288,177 shares to 83 holders. The final payout on the PSUs is 60%, with a total of 180,810 shares issuable, while 107,367 shares are issuable for the RSUs. This move reflects TGS’s commitment to incentivizing key employees and aligning their performance with company goals, potentially enhancing its market position and stakeholder value.

The most recent analyst rating on (GB:0MSJ) stock is a Buy with a NOK245.00 price target. To see the full list of analyst forecasts on TGS stock, see the GB:0MSJ Stock Forecast page.

More about TGS

TGS provides advanced data and intelligence to companies in the energy sector. Utilizing leading-edge technology and solutions, TGS offers a comprehensive range of insights to aid clients in making informed decisions. Their extensive energy data library and advanced data technologies position TGS as a trusted partner in supporting the exploration and production of energy resources globally.

YTD Price Performance: -30.08%

Average Trading Volume: 415,383

Current Market Cap: NOK14.7B

For an in-depth examination of 0MSJ stock, go to TipRanks’ Overview page.

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