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Tongdao Liepin Group Realigns Employee Incentives with Option Re-grant

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Tongdao Liepin Group Realigns Employee Incentives with Option Re-grant

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The latest announcement is out from Tongdao Liepin Group ( (HK:6100) ).

Tongdao Liepin Group announced the cancellation and re-granting of 100,000 stock options to an eligible employee under its Post-IPO Share Option Scheme. The decision was made as the previously granted options had lapsed due to employee departures and no longer served as effective incentives due to high exercise prices compared to market prices. This move aims to realign employee incentives with current market conditions, potentially improving employee retention and motivation.

More about Tongdao Liepin Group

YTD Price Performance: 23.61%

Average Trading Volume: 4,735,375

Technical Sentiment Signal: Buy

Current Market Cap: HK$1.81B

See more data about 6100 stock on TipRanks’ Stock Analysis page.

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