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HKT Trust and HKT Limited Announce Share Stapled Unit Awards

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HKT and HKT ( (HK:6823) ) has shared an announcement.

HKT Trust and HKT Limited have announced the grant of 1,805,517 share stapled units under their 2024 Share Stapled Unit Award Scheme. This grant includes awards to employee participants and an executive director, with no purchase price and specific vesting periods. The awards are based on past performance, and there are no performance targets or clawback mechanisms involved. This initiative is likely to impact employee motivation and retention positively, aligning their interests with company performance.

More about HKT and HKT

HKT Trust and HKT Limited operate within the telecommunications industry, providing a range of services and products primarily focused on telecommunications and related services. The company is involved in managing and operating telecommunications infrastructure and offering services to a broad market base.

YTD Price Performance: 20.0%

Average Trading Volume: 44,786

Technical Sentiment Signal: Strong Sell

Current Market Cap: $10.63B

For a thorough assessment of 6823 stock, go to TipRanks’ Stock Analysis page.

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