BOKU (GB:BOKU) has released an update.
Boku Inc., a leader in mobile payment solutions, has announced plans to implement a new Stretch Restricted Share Unit Plan to incentivize its executive management team, pending shareholder approval at an upcoming Extraordinary General Meeting on September 11, 2024. The performance-based plan will allow executives to earn shares at no cost if the company’s share price multiplies substantially over the base share price by 2027. The ambitious plan aligns executive rewards with shareholder interests by tying vesting to share price growth, with a potential share dilution up to 3% if all conditions are met.
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