United Overseas Bank (Singapore) (SG:U11) has released an update.
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United Overseas Bank Limited (UOB) has announced the issuance of 3,311,350 Restricted Shares under its Share Plan on 15 March 2024, with the shares subject to vesting conditions. These shares, which will not be available to directors or controlling shareholders, are set to bolster UOB’s incentives for performance. The closing market price of UOB shares on the date of the grant was S$28.39.
For further insights into SG:U11 stock, check out TipRanks’ Stock Analysis page.