Yadea Group Holdings Ltd. (HK:1585) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Yadea Group Holdings Ltd. has announced an amendment to its Share Award Scheme, where it will discontinue the issuance of new shares as a reward method. Starting June 17, 2024, the company will only purchase existing shares on the market to fulfill its share award obligations to employees. This change simplifies the award process and aligns with the applicable Listing Rules, requiring no shareholder approval.
For further insights into HK:1585 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue