Budweiser Brewing Co. APAC Ltd. ( (HK:1876) ) has shared an update.
Budweiser Brewing Company APAC Limited announced the grant of a maximum of 5,365,000 locked-up shares and 8,980,000 restricted stock units (RSUs) to eligible employees as part of its Share-Based Compensation Plan. This initiative allows employees to receive part of their bonuses in shares, offering a discount and additional matching RSUs, which may enhance employee retention and align their interests with the company’s performance. The final number of shares and RSUs will be confirmed after processing all elections by the end of March 2025, potentially impacting the company’s share distribution and employee engagement strategies.
More about Budweiser Brewing Co. APAC Ltd.
Budweiser Brewing Company APAC Limited operates in the brewing industry, focusing on the production and distribution of beer and related products. The company is incorporated in the Cayman Islands and is listed on the Hong Kong Stock Exchange.
YTD Price Performance: 18.96%
Average Trading Volume: 18,571,652
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$117.5B
Learn more about 1876 stock on TipRanks’ Stock Analysis page.
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