Tongcheng Travel Holdings Limited (HK:0780) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Tongcheng Travel Holdings Limited has awarded 21 million share options to CEO Mr. Ma Heping under its 2024 Share Scheme, with an exercise price of HK$15.920, matching the stock’s closing price on the grant date. The options, which vest over a six-year period and carry no performance targets, are intended to acknowledge Mr. Ma’s contributions and incentivize his future performance. A clawback mechanism is in place to ensure alignment with the company’s long-term interests.
For further insights into HK:0780 stock, check out TipRanks’ Stock Analysis page.