ZTE Cancels Unexercised Share Options in Strategic Move

ZTE (HK:0763) has released an update.

ZTE Corporation announced the cancellation of 49,170,941 unexercised share options from its 2020 Share Option Incentive Scheme following the end of the third exercise period. This move, which adheres to the company’s Draft Scheme, will not impact ZTE’s share capital or alter its shareholding structure. Investors in ZTE may find this development noteworthy as it reflects ongoing strategic adjustments within the company’s stock incentive plans.

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