ENN Energy Bolsters Incentives with Share Schemes

ENN Energy Holdings (HK:2688) has released an update.

ENN Energy Holdings Limited has announced the completion of a share purchase for its Share Award Scheme, holding about 1.47% of its issued share capital. The company plans to further incentivize employees with new share purchases and a share buy-back plan, each with a budget of up to HK$300 million, funded by existing cash reserves. These moves reflect management’s confidence in the company’s growth prospects and financial health, though market conditions will dictate the specifics of the purchases.

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