Yeahka Limited (HK:9923) has released an update.
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Yeahka Limited has awarded 7,745,914 restricted share units (RSUs) to 244 grantees, equating to 1.7% of its issued shares, without issuing new shares upon vesting. The company and its RSU Trustee have spent around HK$158.8 million to purchase shares on-market for the RSU Scheme and for share cancellation. This move reflects the company’s strategy to incentivize key employees and signals confidence in its business growth and ongoing investment in cutting-edge technologies such as generative AI.
For further insights into HK:9923 stock, check out TipRanks’ Stock Analysis page.