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Zai Lab Limited Announces Equity Incentive Grants

Story Highlights
  • Zai Lab Limited granted share options and restricted share units under its 2024 Equity Incentive Plan.
  • The grants aim to incentivize employees without performance targets or clawback mechanisms.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Zai Lab Limited Announces Equity Incentive Grants

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Zai Lab Ltd ( (HK:9688) ) has shared an announcement.

Zai Lab Limited announced the grant of share options and restricted share units under its 2024 Equity Incentive Plan. The company granted options to subscribe for 11,800 ADSs to three employees and restricted share units covering 22,665 ADSs to six employees. This move aligns with the company’s customary practice and aims to incentivize employee performance without attaching performance targets or clawback mechanisms, reflecting a market-competitive approach.

The most recent analyst rating on (HK:9688) stock is a Hold with a HK$14.50 price target. To see the full list of analyst forecasts on Zai Lab Ltd stock, see the HK:9688 Stock Forecast page.

More about Zai Lab Ltd

Zai Lab Limited is a biopharmaceutical company incorporated in the Cayman Islands, focusing on developing and commercializing innovative therapies. The company operates within the healthcare industry, with a primary focus on oncology, autoimmune disorders, and infectious diseases.

Average Trading Volume: 13,184,219

Technical Sentiment Signal: Sell

Current Market Cap: HK$17.57B

For detailed information about 9688 stock, go to TipRanks’ Stock Analysis page.

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