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.
Tuya, Inc. Class A ( (HK:2391) ) has shared an announcement.
Tuya Inc. has announced the grant of 219,000 restricted share units (RSUs) to eight employees under its 2024 Share Scheme, with no purchase price attached. This move aims to incentivize and retain key employees, contributing to the company’s long-term development. The RSUs will vest over a period of 24 to 48 months, and the grants are not subject to performance targets. The announcement reflects Tuya’s strategy to strengthen its workforce and maintain its competitive position in the IoT industry.
More about Tuya, Inc. Class A
Tuya Inc. operates in the technology industry, focusing on providing Internet of Things (IoT) solutions. The company offers a platform that enables smart devices to connect and communicate, catering to businesses and developers seeking to integrate IoT capabilities into their products.
Average Trading Volume: 124,276
Technical Sentiment Signal: Buy
Current Market Cap: HK$11.88B
For an in-depth examination of 2391 stock, go to TipRanks’ Stock Analysis page.